4709 Monte Carmelo PL, Austin TX 78738

The estimated value of this property is $2,497,657, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,436,000 and $1,446,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. The 0.41 acre lot (smaller than the 0.78 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SPANISH OAKS, ranging from $1,500,000 to $3,495,000. Recent trends in SPANISH OAKS show home values have fallen 36% since 6 months ago. The most comparable recent sale is 12625 Maidenhair LN # 32, Austin TX 78738, with an adjusted value of $3,178,663; with a smaller floor plan and a pool. With 7 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