1503 FALCON LEDGE DR, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $999,792. I'd recommend coming to market at $655,000 to $665,000 to strike the right balance between value and market velocity. In the current LOST CREEK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 0.34 acre lot (larger than the 0.29 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. The trend in LOST CREEK shows prices have risen 0.7% in the past 6 months. 2411 Lost Creek BLVD, Austin TX 78746 nearby adjusts to $1,110,381; a strong comparable. Based on 6 relevant data points in LOST CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX