14404 Heron Bay CV, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,461,857. To generate strong buyer interest while maximizing value, I'd price this between $1,213,000 and $1,223,000. In the current FALCONHEAD market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 679 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. With 6 similar homes currently listed in FALCONHEAD (a balanced market), competition is a factor to consider. The trend in FALCONHEAD shows prices have risen 11% in the past 6 months. 15205 Spillman Ranch LOOP, Austin TX 78738 nearby adjusts to $1,038,674; with a smaller floor plan. 7 comparable transactions in FALCONHEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group