12804 Hacienda RDG, Austin TX 78738

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $2,653,403. Pricing this home between $1,077,000 and $1,087,000 would put it in the competitive sweet spot for SPANISH OAKS. This home's position in the current SPANISH OAKS market: the most expensive of 4 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 2014 build date influences the valuation. The larger lot (0.49 acres versus the area average of 0.40) contributes to the valuation. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Market data shows SPANISH OAKS prices fallen 6.5% over the last half year. The closest comparable sale, 12625 Maidenhair LN # 36, Austin TX 78738 at an adjusted $2,529,739, is with a smaller floor plan. The comp data here (3 sales in SPANISH OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus