3302 Mount Bonnell DR, Austin TX 78731

Based on 3 closed sales in BALCONES PARK, the data points to a value around $1,450,229 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,224,000 to $1,234,000. This would position the home competitively among 7 active listings in BALCONES PARK. The larger floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in BALCONES PARK; a buyer's market based on recent absorption. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4607 Balcones DR, Austin TX 78731 at an adjusted $1,450,854, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in BALCONES PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group