3905 Gyrfalcon CV, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $542,439. I'd recommend coming to market at $412,000 to $422,000 to strike the right balance between value and market velocity. Against 5 similar active listings in FALCONHEAD, this price point lands at the 2nd most expensive of 5 comparable homes on the market. Being 103 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 7 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in FALCONHEAD, creating a balanced market for this price range. The trend in FALCONHEAD shows prices have fallen 2% in the past 6 months. 14521 American Kestrel DR, Austin TX 78738 nearby adjusts to $610,804; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group