15601 Spillman Ranch, Austin TX 78738

My analysis of 5 comparable properties puts this home's estimated value at $1,038,723. Based on how the local market is moving, a list price between $879,000 and $889,000 would position this home well. Relative to what's currently available in FALCONHEAD, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 132 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.40 acres versus the area average of 0.33) contributes to the valuation. There are currently 7 similar homes on the market in FALCONHEAD, ranging from $799,000 to $1,365,000. The 6 month price trend in FALCONHEAD: fallen 10.6%. The best comp here is 15201 Bat Hawk CIR, Austin TX 78738 at an adjusted value of $993,613, with a pool. The comp data here (5 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