14501 Falcon Head BLVD # 18, Bee Cave TX 78738

The market data from 7 similar recent sales in FALCONHEAD points to a value of approximately $516,920. To sell within a reasonable timeframe at fair market value, the $446,000 to $456,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in FALCONHEAD. This home's smaller footprint (411 sqft vs the comp average) plays a role in how the market prices it. At 0.18 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in FALCONHEAD, listed between $430,000 and $499,500. In FALCONHEAD, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 14501 FalconHead BLVD # 28, Austin TX 78738, adjusting to $485,874; with a smaller floor plan. 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