15209 Spillman Ranch LOOP, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $929,615. I'd recommend coming to market at $756,000 to $766,000 to strike the right balance between value and market velocity. In the current FALCONHEAD market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. The 0.34 acre lot (larger than the 0.29 acre average) is reflected in the estimate. With 7 similar homes currently listed in FALCONHEAD (a balanced market), competition is a factor to consider. The trend in FALCONHEAD shows prices have fallen 10.6% in the past 6 months. 4217 Vail DV, Bee Cave TX 78738 nearby adjusts to $1,000,531; with a pool. Based on 6 relevant data points in FALCONHEAD, 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