4504 Edgemont DR, Austin TX 78731

After reviewing 7 recent transactions in BALCONES PARK, I estimate this property's value at $2,420,580. A competitive list price for this home right now would fall in the $1,652,000 to $1,662,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in BALCONES PARK's current inventory. The 253 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years newer than typical comps, the 2007 build date influences the valuation. The active market in BALCONES PARK includes 4 comparable homes priced from $1,495,000 to $7,150,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4505 Balcones DR, Austin TX 78731 carries an adjusted comparable value of $3,022,573, providing a strong data point. With 7 comparable sales in BALCONES PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group