3600 Balcones DR, Austin TX 78731

Taking into account 7 nearby comparable sales, this property's estimated value comes to $5,650,965. If we were to list this property today, I'd recommend a list price in the $3,149,000 to $3,159,000 range. Relative to what's currently available in 78731, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 1,215 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1964 (19 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in 78731, ranging from $2,895,000 to $8,995,000. The 6 month price trend in 78731: risen 1%. The best comp here is 2900 Townes LN, Austin TX 78703 at an adjusted value of $7,298,160, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78731. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group