4008 Cordova DR, Austin TX 78759

Based on 7 closed sales in BALCONES WOODS, the data points to a value around $623,764 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $528,000 to $538,000. This home's position in the current BALCONES WOODS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.32 acres versus 0.24 for the typical comp. With 7 similar homes currently listed in BALCONES WOODS (a seller's market), competition is a factor to consider. Market data shows BALCONES WOODS prices fallen 9.8% over the last half year. The closest comparable sale, 4005 Galacia DR, Austin TX 78759 at an adjusted $685,806, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus