4225 Vail DV, Bee Cave TX 78738

After reviewing 6 recent transactions in FALCONHEAD, I estimate this property's value at $1,208,221. A competitive list price for this home right now would fall in the $1,328,000 to $1,417,000 range. Relative to what's currently available in FALCONHEAD, this home would be the 2nd most expensive of 3 comparable homes on the market. At 468 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.38 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 3 comparable homes in FALCONHEAD; a balanced market based on recent absorption. Prices in FALCONHEAD have fallen 10.6% over the last 6 months. A similar home at 15320 Harrier Marsh DR, Austin TX 78738 carries an adjusted comparable value of $1,129,292, providing a strong data point. With 6 comparable sales in FALCONHEAD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group