4506 Balcones DR, Austin TX 78731

The estimated value of this property is $1,137,060, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $717,000 and $727,000. Against 4 similar active listings in BALCONES PARK, this price point lands at the most expensive of 4 comparable homes on the market. At 148 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.43 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Buyers in BALCONES PARK have 4 comparable options right now, with asking prices between $675,000 and $1,123,000. Recent trends in BALCONES PARK show home values have fallen 29.2% since 6 months ago. The most comparable recent sale is 3415 Shinoak DR, Austin TX 78731, with an adjusted value of $1,234,948; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group