3404 Cascadera DR, Austin TX 78731

The market data from 5 similar recent sales in BALCONES PARK EDGEMONT points to a value of approximately $1,923,803. To sell within a reasonable timeframe at fair market value, the $2,272,000 to $2,361,000 range is where I'd position this. Against 4 similar active listings in BALCONES PARK EDGEMONT, this price point lands at the most affordable of 4 comparable homes on the market. This home's larger footprint (183 sqft vs the comp average) plays a role in how the market prices it. At 0.35 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. 4 similar homes are currently available in BALCONES PARK EDGEMONT, creating a buyer's market for this price range. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3500 Taylors DR, Austin TX 78703, adjusting to $2,272,396; with a smaller floor plan and a pool. The 5 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