Ed's Opinion of Value

$481,156 Ed's Estimate: $598,905 $849,900
Lowest Comp Recommended List: $424,000 to $434,000 Highest Comp
The market data from 5 similar recent sales in FALCONHEAD points to a value of approximately $598,905. To sell within a reasonable timeframe at fair market value, the $424,000 to $434,000 range is where I'd position this. Among the similar homes currently available in FALCONHEAD, this price point stands out as competitive. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FALCONHEAD; a balanced market based on recent absorption. In FALCONHEAD, home values have fallen approximately 2% over the past 6 months. One of the strongest data points is 15213 Falconhead Grove LOOP, Austin TX 78738, adjusting to $556,312; with a larger floor plan. The 5 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
3 Beds
4 Baths
2,391 Sq Ft

Location

Property Details

Property Type Residential
County Travis
MLS # 6209492

Listing History

MLS# 6209492
Jan 14, 2021 Off Market
Feb 21, 2020 Listed $710,000

Frequently Asked Questions About 14701 Marchesa DR, Bee Cave TX 78738

How much does 14701 Marchesa DR, Bee Cave TX 78738 cost?

14701 Marchesa DR, Bee Cave TX 78738 sold on January 14, 2021. Contact us for sale price details.

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