4016 Sugarloaf DR, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,117,025. I'd recommend coming to market at $1,294,000 to $1,310,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FALCONHEAD, this price point stands out as competitive. Being 609 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.31 acre lot (larger than the 0.27 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in FALCONHEAD; a balanced market based on recent absorption. The trend in FALCONHEAD shows prices have fallen 10.6% in the past 6 months. 15201 Bat Hawk CIR, Austin TX 78738 nearby adjusts to $1,080,918; with a smaller floor plan and a pool. 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