14400 American Kestrel DR, Austin TX 78738

Based on 7 closed sales in FALCONHEAD, the data points to a value around $638,772 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $667,000 to $695,000. This home's position in the current FALCONHEAD market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 0.14 acres versus 0.19 for the typical comp. Current inventory shows 5 comparable homes in FALCONHEAD; a buyer's market based on recent absorption. Market data shows FALCONHEAD prices fallen 7.7% over the last half year. The closest comparable sale, 14324 Broadwinged Hawk DR, Austin TX 78738 at an adjusted $661,575, is with a larger floor plan. This estimate draws on 7 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