12921 Hacienda RDG, Austin TX 78738

The estimated value of this property is $2,577,242, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,374,000 and $1,384,000. With 7 comparable homes on the market in SPANISH OAKS, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (284 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 2 of 3 comparable homes not offering one. There are currently 7 similar homes on the market in SPANISH OAKS, ranging from $1,250,000 to $3,495,000. Recent trends in SPANISH OAKS show home values have fallen 23.1% since 6 months ago. The most comparable recent sale is 12625 Maidenhair LN # 36, Austin TX 78738, with an adjusted value of $2,608,784; with a smaller floor plan and no pool. Based on 3 relevant data points in SPANISH OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX