14904 Swallow Tailed Kite, Austin TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $1,062,045. To sell within a reasonable timeframe at fair market value, the $896,000 to $906,000 range is where I'd position this. In the current FALCONHEAD market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (254 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.32 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in FALCONHEAD; a balanced market based on recent absorption. In FALCONHEAD, home values have risen approximately 5.6% over the past 6 months. One of the strongest data points is 15201 Bat Hawk CIR, Austin TX 78738, adjusting to $985,132; with a pool. 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