3925 BALCONES DR, Austin TX 78731

Based on 3 closed sales in BALCONES PARK, the data points to a value around $2,320,782 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,574,000 to $1,584,000. This home's position in the current BALCONES PARK market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. Lot size matters here: 0.31 acres versus 0.25 for the typical comp. 6 similar homes are currently available in BALCONES PARK, creating a buyer's market for this price range. Market data shows 78731 prices fallen 16.7% over the last half year. The closest comparable sale, 2701 W 35TH ST # A, Austin TX 78703 at an adjusted $1,894,350, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in BALCONES PARK. 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