3412 Cascadera DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,800,476. I'd recommend coming to market at $1,489,000 to $1,499,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BALCONES PARK EDGEMONT, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The pool is a standout feature, with 2 of 3 comparable homes not offering one. The 0.40 acre lot (larger than the 0.35 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BALCONES PARK EDGEMONT, listed between $1,350,000 and $2,795,000. The trend in 78731 shows prices have fallen 16.3% in the past 6 months. 2615 Spring LN, Austin TX 78703 nearby adjusts to $1,814,533; with a larger floor plan and no pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group