15909 Spillman Ranch LOOP, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $961,932. For a well positioned listing in FALCONHEAD, I'd target the $979,000 to $1,027,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in FALCONHEAD. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.34 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in FALCONHEAD; a balanced market based on recent absorption. Recent trends in FALCONHEAD show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 15504 Boulder HTS, Austin TX 78738, with an adjusted value of $946,632; 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