4501 Spanish Oaks Club BLVD # 16, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $2,128,794. For a well positioned listing in SPANISH OAKS, I'd target the $873,000 to $883,000 range. With 4 comparable homes on the market in SPANISH OAKS, this price positions the property as the most expensive of 4 comparable homes on the market. At 771 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.32 acres, the lot is smaller than the 0.67 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Recent trends in SPANISH OAKS show home values have fallen 29.2% since 6 months ago. The most comparable recent sale is 12012 Beautybrush DR, Austin TX 78738, with an adjusted value of $1,013,933; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group