4516 Pyrenees PASS, Austin TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $771,378. To sell within a reasonable timeframe at fair market value, the $821,000 to $822,000 range is where I'd position this. With 4 comparable homes on the market in FALCONHEAD, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 0.17 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. The active market in FALCONHEAD includes 4 comparable homes priced from $699,000 to $825,000. In FALCONHEAD, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 16320 Rockies Run SMT, Austin TX 78738, adjusting to $813,489; a strong comparable. 7 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