3932 Balcones DR, Austin TX 78731

The estimated value of this property is $1,901,993, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $817,000 and $827,000. Among the similar homes currently available in 78731, this price point stands out as competitive. The pool is a standout feature, with 3 of 3 comparable homes not offering one. The 0.38 acre lot (larger than the 0.33 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 78731; a buyer's market based on recent absorption. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 3403 Cascadera DR, Austin TX 78731, with an adjusted value of $1,683,671; with a larger floor plan and no pool. Based on 3 relevant data points in 78731, 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