15316 Falconhead Grove LOOP, Austin TX 78738

After reviewing 7 recent transactions in FALCONHEAD, I estimate this property's value at $674,717. A competitive list price for this home right now would fall in the $759,000 to $762,000 range. Relative to what's currently available in FALCONHEAD, this home would be the most affordable of 6 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 6 comparable homes in FALCONHEAD; a buyer's market based on recent absorption. Prices in FALCONHEAD have fallen 9.1% over the last 6 months. A similar home at 16129 Zagros WAY, Austin TX 78738 carries an adjusted comparable value of $716,285, providing a strong data point. The comp data here (7 sales in FALCONHEAD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus