3701 Balcones DR, Austin TX 78731

Taking into account 7 nearby comparable sales, this property's estimated value comes to $2,042,838. If we were to list this property today, I'd recommend a list price in the $1,338,000 to $1,348,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78731's current inventory. Lot size matters here: 0.34 acres versus 0.24 for the typical comp. Current inventory shows 7 comparable homes in 78731; a balanced market based on recent absorption. The 6 month price trend in 78731: risen 5.6%. The best comp here is 2606 Westover RD, Austin TX 78703 at an adjusted value of $1,189,818, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus