4007 BISCAY DR, Austin TX 78759

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $706,297. I'd recommend coming to market at $569,000 to $579,000 to strike the right balance between value and market velocity. Against 6 similar active listings in BALCONES WOODS, this price point lands at the 3rd most expensive of 6 comparable homes on the market. The 0.00 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in BALCONES WOODS; a seller's market based on recent absorption. The trend in BALCONES WOODS shows prices have fallen 9.8% in the past 6 months. 11308 Santa Cruz DR, Austin TX 78759 nearby adjusts to $740,975; a strong comparable. With 7 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