4805 Paraiso PKWY, Austin TX 78738

The market data from 6 similar recent sales in SPANISH OAKS points to a value of approximately $3,419,660. To sell within a reasonable timeframe at fair market value, the $1,666,000 to $1,676,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. The 235 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 6 comparable sales didn't include one. There are currently 6 similar homes on the market in SPANISH OAKS, ranging from $1,499,000 to $4,200,000. In SPANISH OAKS, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 4700 Monte Carmelo PL, Austin TX 78738, adjusting to $2,924,650; with a smaller floor plan and no pool. 6 comparable transactions in SPANISH OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group