14501 Falcon Head BLVD # 24, Austin TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $491,274. To sell within a reasonable timeframe at fair market value, the $384,000 to $394,000 range is where I'd position this. In the current FALCONHEAD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 406 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.18 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in FALCONHEAD; a balanced market based on recent absorption. In FALCONHEAD, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 14501 FalconHead BLVD # 28, Austin TX 78738, adjusting to $465,061; a strong comparable. The 7 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