15501 Spillman Ranch LOOP, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,104,841. For a well positioned listing in FALCONHEAD, I'd target the $911,000 to $921,000 range. Against 7 similar active listings in FALCONHEAD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 0.43 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. Buyers in FALCONHEAD have 7 comparable options right now, with asking prices between $799,000 and $1,365,000. Recent trends in FALCONHEAD show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 14417 Heron Bay CV, Austin TX 78738, with an adjusted value of $1,315,926; with a larger floor plan and a pool. The 5 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