3500 Oak Springs DR, Austin TX 78721

Based on 4 closed sales in NUEVA VIDA, the data points to a value around $441,272 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $221,000 to $231,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in NUEVA VIDA's current inventory. Being built in 1984 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.23 acres versus 0.20 for the typical comp. Right now, 7 similar properties are competing for buyers in NUEVA VIDA, listed between $200,000 and $650,000. Market data shows 78721 prices fallen 15.1% over the last half year. The closest comparable sale, 3907 Carmel DR, Austin TX 78721 at an adjusted $525,220, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in NUEVA VIDA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group