3401 Mount Bonnell DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,749,658. To generate strong buyer interest while maximizing value, I'd price this between $3,637,000 and $3,862,000. Among the similar homes currently available in BALCONES PARK, this price point stands out as competitive. The larger floor plan (764 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.50 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in BALCONES PARK; a seller's market based on recent absorption. The trend in BALCONES PARK shows prices have fallen 9.4% in the past 6 months. 4505 Balcones DR, Austin TX 78731 nearby adjusts to $3,196,979; with a smaller floor plan. The 4 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