11001 Spicewood PKWY, Austin TX 78750

The market data from 3 similar recent sales in BALCONES PLACE CONDO points to a value of approximately $428,714. To sell within a reasonable timeframe at fair market value, the $717,000 to $751,000 range is where I'd position this. With 3 comparable homes on the market in BALCONES PLACE CONDO, this price positions the property as the most affordable of 3 comparable homes on the market. This home's larger footprint (356 sqft vs the comp average) plays a role in how the market prices it. The active market in BALCONES PLACE CONDO includes 3 comparable homes priced from $700,000 to $1,050,000. In 78750, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 11512 Tin Cup DR # 205, Austin TX 78750, adjusting to $474,184; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group