4405 Balcones DR, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,108,123. I'd recommend coming to market at $1,075,000 to $1,141,000 to strike the right balance between value and market velocity. Against 3 similar active listings in BALCONES PARK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 321 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in BALCONES PARK includes 3 comparable homes priced from $925,000 to $1,585,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5706 Highland Hills CIR, Austin TX 78731 nearby adjusts to $1,213,108; with a smaller floor plan. With 5 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