15812 Spillman Ranch LOOP, Austin TX 78738

The estimated value of this property is $1,033,736, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $887,000 and $897,000. In the current FALCONHEAD market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (100 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 2 of 7 comparable homes not offering one. Right now, 7 similar properties are competing for buyers in FALCONHEAD, listed between $799,000 and $1,063,000. Recent trends in FALCONHEAD show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 15512 Spillman Ranch LOOP, Austin TX 78738, with an adjusted value of $941,084; a strong comparable. Based on 7 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