5324 Balcones DR # B, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $269,216. For a well positioned listing in HIGHLAND PARK WEST CONDO, I'd target the $219,000 to $229,000 range. Against 7 similar active listings in HIGHLAND PARK WEST CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1960 construction puts this home 17 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in HIGHLAND PARK WEST CONDO (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 5326 Balcones DR # B, Austin TX 78731, with an adjusted value of $290,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group