4505 EDGEMONT DR, Austin TX 78731

The market data from 6 similar recent sales in BALCONES PARK points to a value of approximately $1,384,014. To sell within a reasonable timeframe at fair market value, the $1,040,000 to $1,050,000 range is where I'd position this. Among the similar homes currently available in BALCONES PARK, this price point stands out as competitive. Being 188 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in BALCONES PARK, ranging from $999,000 to $2,499,999. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 4607 Balcones DR, Austin TX 78731, adjusting to $1,381,620; with a smaller floor plan. 6 comparable transactions in BALCONES PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group