The estimated value of this property is $712,622, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $535,000 and $545,000. Against 5 similar active listings in BALCONES WOODS, this price point lands at the most expensive of 5 comparable homes on the market. The active market in BALCONES WOODS includes 5 comparable homes priced from $550,000 to $675,000. Recent trends in BALCONES WOODS show home values have fallen 1.7% since 6 months ago. The most comparable recent sale is 4008 Balcones Woods DR, Austin TX 78759, with an adjusted value of $805,810; a strong comparable. Based on 7 relevant data points in BALCONES WOODS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX