1506 Falcon Ledge DR, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,064,748. For a well positioned listing in LOST CREEK, I'd target the $687,000 to $697,000 range. Against 7 similar active listings in LOST CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. Recent trends in LOST CREEK show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 2411 Lost Creek BLVD, Austin TX 78746, with an adjusted value of $1,119,158; with a smaller floor plan. The 6 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