5617 E Spanish Oaks Club BLVD W, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $3,191,198. I'd recommend coming to market at $1,507,000 to $1,517,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SPANISH OAKS, this price point stands out as competitive. The 168 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.02 acre lot (larger than the 0.86 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in SPANISH OAKS, ranging from $1,499,000 to $4,750,000. The trend in SPANISH OAKS shows prices have fallen 10.8% in the past 6 months. 12625 Maidenhair, #31 LN, Austin TX 78738 nearby adjusts to $3,647,940; with a smaller floor plan. 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