The market data from 6 similar recent sales in FALCON POINTE points to a value of approximately $326,476. To sell within a reasonable timeframe at fair market value, the $342,000 to $353,000 range is where I'd position this. Among the similar homes currently available in FALCON POINTE, this price point stands out as competitive. At 120 sqft smaller than the typical comp, the size difference factors into the valuation. The 2016 construction puts this home 5 years newer than the comp average, a factor in the pricing. Buyers in FALCON POINTE have 7 comparable options right now, with asking prices between $335,000 and $378,990. In FALCON POINTE, home values have risen approximately 3.1% over the past 6 months. One of the strongest data points is 2612 Rough Berry RD, Pflugerville TX 78660, adjusting to $318,908; a strong comparable. The 6 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