4619 Madrona DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,295,498. For a well positioned listing in BALCONES PARK, I'd target the $1,084,000 to $1,094,000 range. Against 3 similar active listings in BALCONES PARK, this price point lands at the most expensive of 3 comparable homes on the market. The 174 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in BALCONES PARK includes 3 comparable homes priced from $925,000 to $1,695,000. Recent trends in 78731 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 4801 Westfield DR, Austin TX 78731, with an adjusted value of $1,508,320; a strong comparable. 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