My analysis of 7 comparable properties puts this home's estimated value at $4,772,781. Based on how the local market is moving, a list price between $4,137,000 and $4,147,000 would position this home well. Buyers shopping in SPANISH OAKS right now would see this as a well positioned option among 4 comparable homes. Being 795 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 3 of the 7 comps lacked one. The active market in SPANISH OAKS includes 4 comparable homes priced from $4,385,000 to $9,800,000. The 6 month price trend in SPANISH OAKS: fallen 6.3%. The best comp here is 12724 Little Blue Stem CV, Austin TX 78738 at an adjusted value of $4,157,904, with a smaller floor plan. The comp data here (7 sales in SPANISH OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
