15205 Falconhead Grove LOOP, Bee Cave TX 78738

The market data from 4 similar recent sales in FALCONHEAD points to a value of approximately $521,586. To sell within a reasonable timeframe at fair market value, the $513,000 to $523,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in FALCONHEAD. At 0.14 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in FALCONHEAD, listed between $485,000 and $499,500. In FALCONHEAD, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 14501 FalconHead BLVD # 28, Austin TX 78738, adjusting to $491,024; with a smaller floor plan. The 4 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