3705 Balcones DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $2,402,921. For a well positioned listing in BALCONES PARK ANNEX, I'd target the $2,832,000 to $2,995,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in BALCONES PARK ANNEX. At 124 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. With 3 similar homes currently listed in BALCONES PARK ANNEX (a buyer's market), competition is a factor to consider. Recent trends in 78731 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 3508 Bridle PATH, Austin TX 78703, with an adjusted value of $2,210,317; with a smaller floor plan. 7 comparable transactions in BALCONES PARK ANNEX support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group