11902 Brookwood CIR, Austin TX 78750

The market data from 6 similar recent sales in BALCONES points to a value of approximately $842,422. To sell within a reasonable timeframe at fair market value, the $442,000 to $452,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in BALCONES. At 0.28 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. With 4 similar homes currently listed in BALCONES (a seller's market), competition is a factor to consider. In BALCONES, home values have risen approximately 18.3% over the past 6 months. One of the strongest data points is 9109 Balcones Club DR, Austin TX 78750, adjusting to $732,685; with a smaller floor plan. 6 comparable transactions in BALCONES 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