11503 Santa Cruz DR, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $645,815. For a well positioned listing in BALCONES WOODS, I'd target the $476,000 to $486,000 range. Against 4 similar active listings in BALCONES WOODS, this price point lands at the most expensive of 4 comparable homes on the market. At 0.18 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. 4 similar homes are currently available in BALCONES WOODS, creating a seller's market for this price range. Recent trends in BALCONES WOODS show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 4411 Bilboa DR, Austin TX 78759, with an adjusted value of $728,825; a strong comparable. 7 comparable transactions in BALCONES WOODS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group