4107 Edgemont DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,120,209. For a well positioned listing in BALCONES PARK, I'd target the $1,236,000 to $1,363,000 range. With 5 comparable homes on the market in BALCONES PARK, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 210 sqft larger than the typical comp, the size difference factors into the valuation. At 0.37 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. The active market in BALCONES PARK includes 5 comparable homes priced from $925,000 to $1,750,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 4804 Balcones DR, Austin TX 78731, with an adjusted value of $1,030,112; a strong comparable. 7 comparable transactions in BALCONES PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group