5729 Krause LN # 14A, Austin TX 78738

The comparable sales data (5 recent transactions in SPANISH OAKS) supports an estimated value of $3,187,306. The data suggests a list price between $1,073,000 and $1,083,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SPANISH OAKS's current inventory. This home's smaller footprint (505 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.78 acres versus 0.61 for the typical comp. Current inventory shows 7 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Prices in SPANISH OAKS have fallen 7.8% over the last 6 months. A similar home at 12625 Maidenhair, #31 LN, Austin TX 78738 carries an adjusted comparable value of $3,246,701, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus