3407 Spanish Oak DR, Austin TX 78731

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,486,604. Pricing this home between $554,000 and $564,000 would put it in the competitive sweet spot for BALCONES PARK. Buyers shopping in BALCONES PARK right now would see this as a well positioned option among 3 comparable homes. The larger lot (0.68 acres versus the area average of 0.44) contributes to the valuation. Current inventory shows 3 comparable homes in BALCONES PARK; a buyer's market based on recent absorption. Market data shows 78731 prices fallen 0.9% over the last half year. The closest comparable sale, 3413 Mount Barker DR, Austin TX 78731 at an adjusted $1,587,577, is with a pool. The comp data here (5 sales in BALCONES PARK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus