3404 Shinoak DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $2,493,651. For a well positioned listing in BALCONES PARK, I'd target the $2,037,000 to $2,047,000 range. In the current BALCONES PARK market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (279 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in BALCONES PARK, listed between $1,650,000 and $4,250,000. Recent trends in 78731 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 4505 Balcones DR, Austin TX 78731, with an adjusted value of $2,907,342; with a larger floor plan. The 7 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