There are many approaches to folding owls, all concentrate on the eyes and head structure:

This fold takes you on quite a ride. Diagrams taken from “Drawing Origami Tome 1”, the folding sequence is clear and rich, but I am sure my next fold of this model will be better as I now know what becomes what. 

There is a lovely little pleated tummy, cutie feet and tail but the face here is lovely an has huge opportunities for modelling.

I have recently placed an order for the second volume of this book – the tyranny of distance means I will not get it for a month or so, but at least it is on the way.