3411 Ledgestone DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,562,575. For a well positioned listing in BALCONES PARK, I'd target the $1,300,000 to $1,310,000 range. Against 6 similar active listings in BALCONES PARK, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 439 sqft larger than the typical comp, the size difference factors into the valuation. At 0.38 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in BALCONES PARK, ranging from $1,150,000 to $4,250,000. Recent trends in 78731 show home values have fallen 15.8% since 6 months ago. The most comparable recent sale is 3923 Glengarry DR, Austin TX 78731, with an adjusted value of $1,727,285; with a smaller floor plan. 3 comparable transactions in BALCONES PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group