4921 Celanova CT, Austin TX 78738

The market data from 3 similar recent sales in SPANISH OAKS points to a value of approximately $3,481,532. To sell within a reasonable timeframe at fair market value, the $1,568,000 to $1,578,000 range is where I'd position this. In the current SPANISH OAKS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The smaller floor plan (288 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.02 acres, the lot is larger than the 0.83 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in SPANISH OAKS, ranging from $1,599,000 to $4,200,000. In SPANISH OAKS, home values have fallen approximately 14.9% over the past 6 months. One of the strongest data points is 12533 Maidenhair LN, Austin TX 78738, adjusting to $3,037,779; with a smaller floor plan and a pool. The 3 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