5729 KRAUSE LN # 1A, Austin TX 78738

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $3,322,035. Pricing this home between $1,387,000 and $1,397,000 would put it in the competitive sweet spot for SPANISH OAKS. This home's position in the current SPANISH OAKS market: the most expensive of 7 comparable homes on the market among comparable properties. Having a pool is a plus; 1 of the 5 comps lacked one. The larger lot (0.78 acres versus the area average of 0.65) contributes to the valuation. The active market in SPANISH OAKS includes 7 comparable homes priced from $1,275,000 to $3,799,000. Market data shows SPANISH OAKS prices fallen 14.9% over the last half year. The closest comparable sale, 12625 Maidenhair, #31 LN, Austin TX 78738 at an adjusted $3,577,383, is a strong comparable. With 5 comparable sales in SPANISH OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group