16008 Zagros WAY, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $938,530. For a well positioned listing in FALCONHEAD, I'd target the $1,014,000 to $1,020,000 range. Against 7 similar active listings in FALCONHEAD, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 101 sqft larger than the typical comp, the size difference factors into the valuation. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FALCONHEAD; a buyer's market based on recent absorption. Recent trends in FALCONHEAD show home values have fallen 12% since 6 months ago. The most comparable recent sale is 4829 Pyrenees PASS, Austin TX 78738, with an adjusted value of $752,148; a strong comparable. 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