After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $769,194. Pricing this home between $862,000 and $894,000 would put it in the competitive sweet spot for NORTHWEST BALCONES. This would position the home competitively among 6 active listings in NORTHWEST BALCONES. The 155 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in NORTHWEST BALCONES includes 6 comparable homes priced from $725,000 to $950,000. Market data shows 78750 prices fallen 6.5% over the last half year. The closest comparable sale, 9301 Rolling Oaks TRL, Austin TX 78750 at an adjusted $654,896, is a strong comparable. With 7 comparable sales in NORTHWEST BALCONES, 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