3917 Gyrfalcon, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $656,880. For a well positioned listing in FALCONHEAD, I'd target the $712,000 to $714,000 range. In the current FALCONHEAD market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The 2003 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. 5 similar homes are currently available in FALCONHEAD, creating a buyer's market for this price range. Recent trends in FALCONHEAD show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 14324 Broadwinged Hawk DR, Austin TX 78738, with an adjusted value of $628,749; 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