4821 MONDONEDO CV, Austin TX 78738

The estimated value of this property is $3,746,156, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $3,143,000 and $3,153,000. With 4 comparable homes on the market in SPANISH OAKS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 187 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Recent trends in SPANISH OAKS show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 12724 Little Blue Stem CV, Austin TX 78738, with an adjusted value of $3,421,771; with a larger floor plan and a pool. Based on 4 relevant data points in SPANISH OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX