4304 Balcones DR, Austin TX 78731

The estimated value of this property is $2,107,436, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,714,000 and $1,724,000. With 4 comparable homes on the market in BALCONES PARK, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 584 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Current inventory shows 4 comparable homes in BALCONES PARK; a buyer's market based on recent absorption. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 4607 Balcones DR, Austin TX 78731, with an adjusted value of $1,691,868; with a smaller floor plan and no pool. 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