14712 Marchesa DR, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $632,570. I'd recommend coming to market at $372,000 to $382,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in FALCONHEAD, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 154 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2020, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in FALCONHEAD; a balanced market based on recent absorption. The trend in FALCONHEAD shows prices have risen 0.1% in the past 6 months. 4221 Tamerind DR, Austin TX 78738 nearby adjusts to $872,281; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group