After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $387,036. Pricing this home between $412,000 and $417,000 would put it in the competitive sweet spot for FALCON POINTE. Buyers shopping in FALCON POINTE right now would see this as a well positioned option among 5 comparable homes. This home's smaller footprint (155 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.21) contributes to the valuation. Right now, 5 similar properties are competing for buyers in FALCON POINTE, listed between $385,000 and $464,500. Market data shows FALCON POINTE prices risen 3.1% over the last half year. The closest comparable sale, 18117 Monarch Butterfly WAY, Pflugerville TX 78660 at an adjusted $407,377, is a strong comparable. With 7 comparable sales in FALCON POINTE, 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