4510 Balcones DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,863,463. I'd recommend coming to market at $1,242,000 to $1,252,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in BALCONES PARK. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in BALCONES PARK; a buyer's market based on recent absorption. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4607 Balcones DR, Austin TX 78731 nearby adjusts to $1,401,813; a strong comparable. Based on 5 relevant data points in BALCONES PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX