4502 Edgemont DR, Austin TX 78731

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $2,800,180. Pricing this home between $1,494,000 and $1,504,000 would put it in the competitive sweet spot for BALCONES PARK. This home's position in the current BALCONES PARK market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 6 years newer than typical comps, the 2022 build date influences the valuation. The larger lot (0.48 acres versus the area average of 0.41) contributes to the valuation. The active market in BALCONES PARK includes 7 comparable homes priced from $1,350,000 to $4,250,000. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4801 Balcones DR, Austin TX 78731 at an adjusted $2,380,381, is with a smaller floor plan. The comp data here (3 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