3500 Mount Barker DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $1,026,356. Based on how the local market is moving, a list price between $1,214,000 and $1,239,000 would position this home well. Relative to what's currently available in BALCONES PARK, this home would be the most affordable of 3 comparable homes on the market. The larger lot (0.38 acres versus the area average of 0.32) contributes to the valuation. The active market in BALCONES PARK includes 3 comparable homes priced from $1,100,000 to $1,550,000. The 6 month price trend in 78731: fallen 15.8%. The best comp here is 4804 Balcones DR, Austin TX 78731 at an adjusted value of $1,022,966, with a larger floor plan. With 7 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