4003 Madrid CV, Austin TX 78759

5 recent sales within half a mile of this address suggest a current value of $677,568. My recommended list price range for this property would be $586,000 to $596,000. Against 7 similar active listings in BALCONES WOODS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 254 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1981, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in BALCONES WOODS, listed between $525,000 and $879,000. In BALCONES WOODS, home values have fallen approximately 9.8% over the past 6 months. One of the strongest data points is 4009 Cordova DR, Austin TX 78759, adjusting to $648,968; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group