4201 Hookbilled Kite, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $1,071,651. Based on how the local market is moving, a list price between $1,183,000 and $1,195,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in FALCONHEAD's current inventory. Having a pool is a plus; 2 of the 7 comps lacked one. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. With 7 similar homes currently listed in FALCONHEAD (a buyer's market), competition is a factor to consider. The 6 month price trend in FALCONHEAD: fallen 7.8%. The best comp here is 15201 Bat Hawk CIR, Austin TX 78738 at an adjusted value of $1,018,488, a strong comparable. With 7 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