3503 Balcones DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $5,100,224. Based on how the local market is moving, a list price between $3,626,000 and $3,636,000 would position this home well. This home's position in the current 78731 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The 2,811 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 1 of the 7 comps lacked one. Buyers in 78731 have 4 comparable options right now, with asking prices between $2,895,000 and $9,500,000. The 6 month price trend in 78731: risen 11.3%. The best comp here is 2900 Townes LN, Austin TX 78703 at an adjusted value of $7,915,830, with a smaller floor plan. The comp data here (7 sales in 78731) 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