The comparable sales data (7 recent transactions in SPANISH OAKS) supports an estimated value of $2,893,270. The data suggests a list price between $1,167,000 and $1,177,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 5 comparable homes on the market in SPANISH OAKS's current inventory. At 737 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.47 acres versus 0.64 for the typical comp. The active market in SPANISH OAKS includes 5 comparable homes priced from $1,099,000 to $1,795,000. Prices in SPANISH OAKS have fallen 6.5% over the last 6 months. A similar home at 12625 Maidenhair, #31 LN, Austin TX 78738 carries an adjusted comparable value of $3,044,876, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
