5322 Balcones DR # G, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $192,339. I'd recommend coming to market at $206,000 to $217,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK WEST CONDO. Built in 1960, this home is 30 years older than the average comp, which is reflected in the adjustments. The 0.06 acre lot (smaller than the 0.09 acre average) is reflected in the estimate. Buyers in HIGHLAND PARK WEST CONDO have 7 comparable options right now, with asking prices between $175,000 and $239,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3839 Dry Creek DR # 207, Austin TX 78731 nearby adjusts to $166,419; a strong comparable. Based on 7 relevant data points in HIGHLAND PARK WEST CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX