4804 Gerona DR, Austin TX 78759

The market data from 7 similar recent sales in BALCONES WOODS points to a value of approximately $661,243. To sell within a reasonable timeframe at fair market value, the $526,000 to $536,000 range is where I'd position this. Among the similar homes currently available in BALCONES WOODS, this price point stands out as competitive. At 0.19 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BALCONES WOODS; a balanced market based on recent absorption. In BALCONES WOODS, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 11301 Toledo DR, Austin TX 78759, adjusting to $638,380; a strong comparable. 7 comparable transactions in BALCONES WOODS 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