4800 Mondonedo CV, Austin TX 78738

The market data from 7 similar recent sales in SPANISH OAKS points to a value of approximately $4,416,119. To sell within a reasonable timeframe at fair market value, the $3,607,000 to $3,617,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. Being 1,449 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2023 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. In SPANISH OAKS, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 12724 Little Blue Stem CV, Austin TX 78738, adjusting to $4,161,261; with a smaller floor plan and a pool. 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