4805 Balcones DR, Austin TX 78731

7 recent sales within a few blocks of this address suggest a current value of $2,029,499. My recommended list price range for this property would be $2,901,000 to $3,035,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK WEST. This home's larger footprint (555 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 24 years older than the average comp, which is reflected in the adjustments. The active market in HIGHLAND PARK WEST includes 3 comparable homes priced from $2,150,000 to $3,499,000. In HIGHLAND PARK WEST, home values have fallen approximately 39.3% over the past 6 months. One of the strongest data points is 4622 Lake View DR, Austin TX 78731, adjusting to $3,373,793; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group