4004 Balcones DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $4,970,536. Based on how the local market is moving, a list price between $3,110,000 and $3,120,000 would position this home well. This would position the home competitively among 7 active listings in BALCONES PARK. At 1,864 sqft larger than the typical comp, the size difference factors into the valuation. At 11 years older than typical comps, the 1972 build date influences the valuation. The active market in BALCONES PARK includes 7 comparable homes priced from $2,895,000 to $8,995,000. The 6 month price trend in BALCONES PARK: fallen 27.7%. The best comp here is 4505 Balcones DR, Austin TX 78731 at an adjusted value of $3,707,028, with a smaller floor plan. With 7 comparable sales in BALCONES PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group