5322 Balcones DR # F, Austin TX 78731

The estimated value of this property is $192,279, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $214,000 and $220,000. Against 7 similar active listings in HIGHLAND PARK WEST CONDO, this price point lands at the 4th most expensive of 7 comparable homes on the market. 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. 7 similar homes are currently available in HIGHLAND PARK WEST CONDO, creating a balanced market for this price range. Recent trends in 78731 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 3839 Dry Creek DR # 207, Austin TX 78731, with an adjusted value of $166,404; a strong comparable. 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