1314 Falcon Ledge DR # 110, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $881,622. I'd recommend coming to market at $639,000 to $649,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LOST CREEK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 172 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. The trend in LOST CREEK shows prices have risen 0.7% in the past 6 months. 6820 N Cypress Point # 22, Austin TX 78746 nearby adjusts to $590,179; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group