16117 Rockies Run SMT, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,081,162. For a well positioned listing in FALCONHEAD, I'd target the $933,000 to $943,000 range. Against 7 similar active listings in FALCONHEAD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (167 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in FALCONHEAD, listed between $799,000 and $1,275,000. Recent trends in FALCONHEAD show home values have fallen 9% since 6 months ago. The most comparable recent sale is 15604 Spillman Ranch LOOP, Austin TX 78738, with an adjusted value of $1,212,254; 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