12804 Hacienda RDG, Austin TX 78738

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,352,160. Pricing this home between $1,124,000 and $1,134,000 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 7 comparable homes on the market among comparable properties. The 324 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.49 acres versus the area average of 0.44) contributes to the valuation. Current inventory shows 7 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Market data shows SPANISH OAKS prices fallen 7.8% over the last half year. The closest comparable sale, 12625 Maidenhair LN # 32, Austin TX 78738 at an adjusted $3,291,122, is with a smaller floor plan and a pool. The comp data here (7 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