4509 Balcones DR, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,006,829. I'd recommend coming to market at $709,000 to $719,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BALCONES PARK, this price point stands out as competitive. Built in 1959, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.69 acre lot (larger than the 0.21 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in BALCONES PARK, ranging from $635,000 to $1,365,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3509 Hillbrook CIR, Austin TX 78731 nearby adjusts to $677,894; a strong comparable. With 7 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