11902 Cedar Crest CV, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $730,875. For a well positioned listing in BALCONES, I'd target the $507,000 to $517,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BALCONES. The 158 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.28 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. Buyers in BALCONES have 7 comparable options right now, with asking prices between $470,000 and $985,000. Recent trends in BALCONES show home values have risen 25.1% since 6 months ago. The most comparable recent sale is 11906 Brookwood CIR, Austin TX 78750, with an adjusted value of $615,500; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group