The estimated value of this property is $505,918, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $510,000 and $515,000. In the current FALCON POINTE market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 203 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.22 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in FALCON POINTE (a balanced market), competition is a factor to consider. Recent trends in FALCON POINTE show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 19008 Marble Glen LN, Pflugerville TX 78660, with an adjusted value of $462,193; a strong comparable. Based on 7 relevant data points in FALCON POINTE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX