4312 Myrtle BCH, Austin TX 78738

The market data from 5 similar recent sales in FALCONHEAD points to a value of approximately $1,226,452. To sell within a reasonable timeframe at fair market value, the $1,190,000 to $1,263,000 range is where I'd position this. With 3 comparable homes on the market in FALCONHEAD, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (744 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in FALCONHEAD, ranging from $1,275,000 to $1,799,999. In FALCONHEAD, home values have risen approximately 3.3% over the past 6 months. One of the strongest data points is 15400 Bat Hawk CIR, Austin TX 78738, adjusting to $954,341; with a smaller floor plan and a pool. 5 comparable transactions in FALCONHEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group