7305 Kapok LN, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $512,589. For a well positioned listing in BALCONES OAKS, I'd target the $425,000 to $435,000 range. 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 BALCONES OAKS. The 1964 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.56 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BALCONES OAKS, listed between $450,000 and $650,000. Recent trends in 78759 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 6713 Colina LN, Austin TX 78759, with an adjusted value of $608,227; a strong comparable. 4 comparable transactions in BALCONES OAKS 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