11516 Medallion LN, Austin TX 78750

After reviewing 4 recent transactions in BALCONES GREENE, I estimate this property's value at $661,012. A competitive list price for this home right now would fall in the $428,000 to $438,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in BALCONES GREENE's current inventory. At 5 years newer than typical comps, the 1997 build date influences the valuation. The smaller lot (0.22 acres versus the area average of 0.28) contributes to the valuation. Right now, 7 similar properties are competing for buyers in BALCONES GREENE, listed between $419,000 and $1,150,000. Prices in 78750 have fallen 0.9% over the last 6 months. A similar home at 10004 Liriope CV, Austin TX 78750 carries an adjusted comparable value of $714,233, providing a strong data point. With 4 comparable sales in BALCONES GREENE, 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