11608 Medallion LN, Austin TX 78750

After reviewing 4 recent transactions in BALCONES GREENE, I estimate this property's value at $797,503. A competitive list price for this home right now would fall in the $841,000 to $861,000 range. This home's position in the current BALCONES GREENE market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 128 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in BALCONES GREENE; a balanced market based on recent absorption. Prices in 78750 have fallen 13% over the last 6 months. A similar home at 11405 Cezanne CT, Austin TX 78726 carries an adjusted comparable value of $812,912, 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