3303 Mount Bonnell DR, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $3,700,850. Based on how the local market is moving, a list price between $2,293,000 and $2,303,000 would position this home well. This would position the home competitively among 4 active listings in BALCONES PARK. This home's larger footprint (370 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 3 of the 6 comps lacked one. Current inventory shows 4 comparable homes in BALCONES PARK; a buyer's market based on recent absorption. The 6 month price trend in 78731: risen 0.3%. The best comp here is 1307 Elton LN, Austin TX 78703 at an adjusted value of $2,652,010, with a smaller floor plan. The comp data here (6 sales in BALCONES PARK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus