4908 Paraiso PKWY, Austin TX 78738

Based on 4 closed sales in SPANISH OAKS, the data points to a value around $4,202,402 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,530,000 to $2,540,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in SPANISH OAKS's current inventory. At 194 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2008 (5 years older than comps) is factored into the value estimate. 4 similar homes are currently available in SPANISH OAKS, creating a buyer's market for this price range. Market data shows SPANISH OAKS prices risen 1.6% over the last half year. The closest comparable sale, 12724 Little Blue Stem CV, Austin TX 78738 at an adjusted $3,815,430, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in SPANISH OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group