4304 Falcon Head Nest DR, Austin TX 78738

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $596,380. I'd recommend coming to market at $640,000 to $690,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in FALCONHEAD. The smaller floor plan (284 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.11 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. The active market in FALCONHEAD includes 3 comparable homes priced from $540,000 to $739,000. The trend in FALCONHEAD shows prices have fallen 8.8% in the past 6 months. 14521 American Kestrel DR, Austin TX 78738 nearby adjusts to $595,638; a strong comparable. 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