1401 FALCON LEDGE DR, Austin TX 78746

Based on 7 closed sales in LOST CREEK, the data points to a value around $1,419,516 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,497,000 to $1,663,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in LOST CREEK's current inventory. At 140 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.48 for the typical comp. With 4 similar homes currently listed in LOST CREEK (a seller's market), competition is a factor to consider. Market data shows LOST CREEK prices risen 1.4% over the last half year. The closest comparable sale, 1501 Johnny Miller TRL, Austin TX 78746 at an adjusted $1,496,552, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LOST CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group