4412 Vail DV, Austin TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $1,050,981. To sell within a reasonable timeframe at fair market value, the $898,000 to $908,000 range is where I'd position this. In the current FALCONHEAD market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (159 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.31 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. With 7 similar homes currently listed in FALCONHEAD (a balanced market), competition is a factor to consider. In FALCONHEAD, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 15201 Bat Hawk CIR, Austin TX 78738, adjusting to $997,662; with a smaller floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group