3406 Mount Barker DR, Austin TX 78731

After reviewing 4 recent transactions in BALCONES PARK, I estimate this property's value at $1,259,007. A competitive list price for this home right now would fall in the $1,422,000 to $1,623,000 range. Buyers shopping in BALCONES PARK right now would see this as a well positioned option among 5 comparable homes. The larger lot (0.38 acres versus the area average of 0.34) contributes to the valuation. There are currently 5 similar homes on the market in BALCONES PARK, ranging from $1,199,000 to $1,750,000. 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 $1,383,788, 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