3909 Balcones DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $5,506,964. To generate strong buyer interest while maximizing value, I'd price this between $3,926,000 and $3,936,000. In the current 78731 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 863 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in 78731, listed between $3,350,000 and $19,500,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 13 Niles RD, Austin TX 78703 nearby adjusts to $6,495,003; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group