The comparable sales data (7 recent transactions in SPANISH OAKS) supports an estimated value of $2,550,383. The data suggests a list price between $1,650,000 and $1,660,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SPANISH OAKS's current inventory. At 270 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.47 acres versus 0.78 for the typical comp. The active market in SPANISH OAKS includes 3 comparable homes priced from $1,749,000 to $3,495,000. Prices in SPANISH OAKS have fallen 36% over the last 6 months. A similar home at 12625 Maidenhair LN # 32, Austin TX 78738 carries an adjusted comparable value of $3,288,481, 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
