3401 Spanish Oak DR, Austin TX 78731

The comparable sales data (7 recent transactions in BALCONES PARK) supports an estimated value of $1,681,958. The data suggests a list price between $1,047,000 and $1,057,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 7 comparable homes on the market in BALCONES PARK's current inventory. A pool adds market appeal. Only 7 minus 4 of the comps had one. Being built in 1955 (6 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in BALCONES PARK; a balanced market based on recent absorption. Prices in BALCONES PARK have fallen 30.6% over the last 6 months. A similar home at 3413 Mount Barker DR, Austin TX 78731 carries an adjusted comparable value of $1,813,687, providing a strong data point. The strength of this estimate comes from 7 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