15817 Tetons CT, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $715,920. I'd recommend coming to market at $597,000 to $607,000 to strike the right balance between value and market velocity. In the current FALCONHEAD market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 2010, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in FALCONHEAD; a balanced market based on recent absorption. The trend in FALCONHEAD shows prices have fallen 4.2% in the past 6 months. 16105 Rockies Run SMT # 66, Austin TX 78738 nearby adjusts to $730,834; a strong comparable. 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