4501 BALCONES DR, Austin TX 78731

The comparable sales data (7 recent transactions in BALCONES PARK) supports an estimated value of $1,567,289. The data suggests a list price between $1,216,000 and $1,226,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in BALCONES PARK. Being built in 1956 (14 years older than comps) is factored into the value estimate. Lot size matters here: 0.87 acres versus 0.29 for the typical comp. The active market in BALCONES PARK includes 7 comparable homes priced from $1,149,000 to $1,750,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4607 Balcones DR, Austin TX 78731 carries an adjusted comparable value of $1,493,766, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in BALCONES PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group