After reviewing 7 recent transactions in BALCONES WEST, I estimate this property's value at $1,020,544. A competitive list price for this home right now would fall in the $783,000 to $793,000 range. This home's position in the current BALCONES WEST market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Having a pool is a plus; 5 of the 7 comps lacked one. There are currently 4 similar homes on the market in BALCONES WEST, ranging from $725,000 to $1,295,000. Prices in 78759 have risen 5.3% over the last 6 months. A similar home at 8720 Tallwood DR, Austin TX 78759 carries an adjusted comparable value of $937,961, providing a strong data point. The comp data here (7 sales in BALCONES WEST) 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