4009 Madrid CV, Austin TX 78759

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $859,780. Pricing this home between $648,000 and $658,000 would put it in the competitive sweet spot for BALCONES WOODS. Relative to what's currently available in BALCONES WOODS, this home would be the most expensive of 3 comparable homes on the market. The 347 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years newer than typical comps, the 1983 build date influences the valuation. Current inventory shows 3 comparable homes in BALCONES WOODS; a balanced market based on recent absorption. Market data shows BALCONES WOODS prices fallen 0.3% over the last half year. The closest comparable sale, 4305 Las Palmas DR, Austin TX 78759 at an adjusted $938,371, is with a smaller floor plan. The comp data here (6 sales in BALCONES WOODS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus