11403 Madrid DR, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $972,241. Based on how the local market is moving, a list price between $992,000 and $1,045,000 would position this home well. Buyers shopping in BALCONES WOODS right now would see this as a well positioned option among 7 comparable homes. The 603 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 7 of the 7 comps lacked one. Right now, 7 similar properties are competing for buyers in BALCONES WOODS, listed between $699,000 and $1,075,000. The 6 month price trend in BALCONES WOODS: fallen 10.6%. The best comp here is 4305 Las Palmas DR, Austin TX 78759 at an adjusted value of $1,064,348, with a smaller floor plan and no pool. With 7 comparable sales in BALCONES WOODS, 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