4005 Balcones DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $3,125,479. For a well positioned listing in ALBERT SILSBEE SURV #1, I'd target the $2,025,000 to $2,035,000 range. In the current ALBERT SILSBEE SURV #1 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2020 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.48 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ALBERT SILSBEE SURV #1; a balanced market based on recent absorption. Recent trends in 78731 show home values have risen 12.5% since 6 months ago. The most comparable recent sale is 2702 Mountain Laurel DR, Austin TX 78703, with an adjusted value of $3,826,821; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group