3910 CORDOVA DR, Austin TX 78759

The estimated value of this property is $789,140, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $585,000 and $595,000. With 3 comparable homes on the market in BALCONES WOODS, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (130 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.26 acre lot (larger than the 0.22 acre average) is reflected in the estimate. With 3 similar homes currently listed in BALCONES WOODS (a seller's market), competition is a factor to consider. Recent trends in BALCONES WOODS show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 4305 Las Palmas DR, Austin TX 78759, with an adjusted value of $893,990; a strong comparable. Based on 7 relevant data points in BALCONES WOODS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX