Taking into account 6 nearby comparable sales, this property's estimated value comes to $445,490. If we were to list this property today, I'd recommend a list price in the $463,000 to $467,000 range. This pricing would rank the home as the most affordable of 6 comparable homes on the market in FALCON POINTE's current inventory. This home's smaller footprint (150 sqft vs the comp average) plays a role in how the market prices it. Being built in 2004 (6 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in FALCON POINTE, ranging from $415,000 to $539,000. The 6 month price trend in FALCON POINTE: fallen 4.2%. The best comp here is 19402 Gale Meadow DR, Pflugerville TX 78660 at an adjusted value of $448,956, a strong comparable. The strength of this estimate comes from 6 directly comparable sales in FALCON POINTE. 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