12621 Grama CV, Austin TX 78738

The estimated value of this property is $3,672,866, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,448,000 and $1,458,000. In the current SPANISH OAKS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Built in 2008, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in SPANISH OAKS, listed between $1,299,999 and $3,250,000. Recent trends in SPANISH OAKS show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 6358 Spanish Oaks Club BLVD, Austin TX 78738, with an adjusted value of $3,720,519; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group