4501 Spanish Oak TER, Austin TX 78731

After reviewing 6 recent transactions in BALCONES PARK, I estimate this property's value at $1,400,073. A competitive list price for this home right now would fall in the $1,372,000 to $1,428,000 range. This would position the home competitively among 7 active listings in BALCONES PARK. The larger lot (0.73 acres versus the area average of 0.48) contributes to the valuation. Buyers in BALCONES PARK have 7 comparable options right now, with asking prices between $899,000 and $1,400,000. Prices in BALCONES PARK have fallen 30.6% over the last 6 months. A similar home at 3413 Mount Barker DR, Austin TX 78731 carries an adjusted comparable value of $1,650,965, providing a strong data point. The comp data here (6 sales in BALCONES PARK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus