3304 Cherry Tree CIR, Austin TX 78731

After reviewing 4 recent transactions in BALCONES PARK, I estimate this property's value at $1,830,773. A competitive list price for this home right now would fall in the $1,342,000 to $1,352,000 range. This home's position in the current BALCONES PARK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 853 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in BALCONES PARK have 7 comparable options right now, with asking prices between $1,299,000 and $4,250,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4607 Balcones DR, Austin TX 78731 carries an adjusted comparable value of $1,544,400, providing a strong data point. With 4 comparable sales in BALCONES PARK, 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