4516 Spanish Oak TRL, Austin TX 78731

Based on 4 closed sales in BALCONES PARK, the data points to a value around $3,091,180 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,998,000 to $3,184,000. Relative to what's currently available in BALCONES PARK, this home would be the 2nd least expensive of 4 comparable homes on the market. A pool adds market appeal. Only 4 minus 2 of the comps had one. Being built in 2021 (5 years newer than comps) is factored into the value estimate. Buyers in BALCONES PARK have 4 comparable options right now, with asking prices between $2,699,000 and $4,250,000. Market data shows 78731 prices fallen 15.6% over the last half year. The closest comparable sale, 4500 Edgemont DR, Austin TX 78731 at an adjusted $4,639,307, is with no pool. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus