4733 Malaquita BR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $3,521,494. For a well positioned listing in SPANISH OAKS, I'd target the $1,849,000 to $1,859,000 range. With 3 comparable homes on the market in SPANISH OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. The 354 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Recent trends in SPANISH OAKS show home values have risen 31.1% since 6 months ago. The most comparable recent sale is 12533 Maidenhair LN, Austin TX 78738, with an adjusted value of $3,165,553; with a smaller floor plan and a pool. The 3 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