15100 Spillman Ranch LOOP, Austin TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $994,638. To sell within a reasonable timeframe at fair market value, the $965,000 to $1,024,000 range is where I'd position this. With 4 comparable homes on the market in FALCONHEAD, this price positions the property as the most affordable of 4 comparable homes on the market. At 411 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. Current inventory shows 4 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 4105 Vail DV, Austin TX 78738, adjusting to $1,075,836; with a smaller floor plan. 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