4700 Balcones DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $2,932,367. Based on how the local market is moving, a list price between $2,242,000 and $2,252,000 would position this home well. Relative to what's currently available in HIGHLAND PARK WEST, this home would be the 2nd most expensive of 3 comparable homes on the market. The 189 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 2 of the 7 comps lacked one. Current inventory shows 3 comparable homes in HIGHLAND PARK WEST; a balanced market based on recent absorption. The 6 month price trend in HIGHLAND PARK WEST: fallen 43.2%. The best comp here is 4801 Balcones DR, Austin TX 78731 at an adjusted value of $2,441,400, with a smaller floor plan and no pool. The comp data here (7 sales in HIGHLAND PARK WEST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus