15201 Cascade BLF, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,066,418. I'd recommend coming to market at $1,180,000 to $1,210,000 to strike the right balance between value and market velocity. Against 7 similar active listings in FALCONHEAD, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 365 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.32 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in FALCONHEAD; a buyer's market based on recent absorption. The trend in FALCONHEAD shows prices have fallen 2.5% in the past 6 months. 4105 Vail DV, Austin TX 78738 nearby adjusts to $1,170,934; with a smaller 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