4701 Pecan Chase, Bee Cave TX 78736

The market data from 5 similar recent sales in SPANISH OAKS SEC points to a value of approximately $2,059,129. To sell within a reasonable timeframe at fair market value, the $3,312,000 to $3,389,000 range is where I'd position this. In the current SPANISH OAKS SEC market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The 949 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.44 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in SPANISH OAKS SEC; a balanced market based on recent absorption. In 78736, home values have fallen approximately 15.6% over the past 6 months. One of the strongest data points is 12625 Maidenhair LN # 32, Austin TX 78738, adjusting to $3,311,918; with a smaller floor plan and a pool. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group