4517 Pyrenees PASS, Bee Cave TX 78738

Based on 3 closed sales in FALCONHEAD, the data points to a value around $571,124 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $628,000 to $657,000. Relative to what's currently available in FALCONHEAD, this home would be the most affordable of 4 comparable homes on the market. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.17 acres versus 0.20 for the typical comp. Current inventory shows 4 comparable homes in FALCONHEAD; a buyer's market based on recent absorption. Market data shows FALCONHEAD prices fallen 9.1% over the last half year. The closest comparable sale, 4801 Pyrenees PASS, Bee Cave TX 78738 at an adjusted $545,250, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in FALCONHEAD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group