5500 Spanish Oaks Club BLVD, Austin TX 78738

The estimated value of this property is $4,541,338, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $4,512,000 and $5,749,000. With 3 comparable homes on the market in SPANISH OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (1,072 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 1 of 3 comparable homes not offering one. With 3 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 1.2% since 6 months ago. The most comparable recent sale is 5609 Laceback TER, Austin TX 78738, with an adjusted value of $5,748,613; with a larger floor plan and no pool. Based on 3 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