14320 Broadwinged Hawk DR, Austin TX 78738

The market data from 4 similar recent sales in FALCONHEAD points to a value of approximately $514,389. To sell within a reasonable timeframe at fair market value, the $404,000 to $414,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in FALCONHEAD. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in FALCONHEAD, listed between $425,000 and $939,000. In FALCONHEAD, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 4521 Pyrenees PASS, Bee Cave TX 78738, adjusting to $521,645; with a larger floor plan. The 4 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