15821 Spillman Ranch LOOP, Austin TX 78738

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $957,473. Pricing this home between $1,009,000 and $1,033,000 would put it in the competitive sweet spot for FALCONHEAD. Relative to what's currently available in FALCONHEAD, this home would be the 3rd least expensive of 6 comparable homes on the market. The larger lot (0.35 acres versus the area average of 0.29) contributes to the valuation. With 6 similar homes currently listed in FALCONHEAD (a balanced market), competition is a factor to consider. Market data shows FALCONHEAD prices fallen 20.8% over the last half year. The closest comparable sale, 4116 Aplomado Falcon CV, Austin TX 78738 at an adjusted $854,948, is a strong comparable. With 5 comparable sales in FALCONHEAD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group