Based on 7 closed sales in BALCONES WOODS, the data points to a value around $638,054 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $501,000 to $511,000. This would position the home competitively among 6 active listings in BALCONES WOODS. Buyers in BALCONES WOODS have 6 comparable options right now, with asking prices between $450,000 and $649,900. Market data shows BALCONES WOODS prices fallen 4% over the last half year. The closest comparable sale, 4504 Bilboa DR, Austin TX 78759 at an adjusted $630,579, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BALCONES WOODS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group