16001 Pontevedra PL, Austin TX 78738

The estimated value of this property is $3,035,728, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,523,000 and $2,533,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. Being 531 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 5 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in SPANISH OAKS (a buyer's market), competition is a factor to consider. Recent trends in SPANISH OAKS show home values have risen 31.1% since 6 months ago. The most comparable recent sale is 4916 Paraiso PKWY, Austin TX 78738, with an adjusted value of $2,506,932; with a larger floor plan. With 3 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