5009 Pyrenees PASS, Bee Cave TX 78738

The market data from 5 similar recent sales in FALCONHEAD points to a value of approximately $671,551. To sell within a reasonable timeframe at fair market value, the $700,000 to $713,000 range is where I'd position this. With 7 comparable homes on the market in FALCONHEAD, this price positions the property as the 4th most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in FALCONHEAD (a balanced market), competition is a factor to consider. In FALCONHEAD, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 4801 Pyrenees PASS, Bee Cave TX 78738, adjusting to $616,259; with a smaller floor plan. 5 comparable transactions in FALCONHEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group