4833 Malaquita BR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $3,338,737. For a well positioned listing in SPANISH OAKS, I'd target the $3,482,000 to $4,079,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. The larger floor plan (330 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 11 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in SPANISH OAKS (a buyer's market), competition is a factor to consider. 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 $3,145,473; with a larger 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