8004 Northforest DR, Austin TX 78759

After reviewing 6 recent transactions in BALCONES WEST, I estimate this property's value at $538,809. A competitive list price for this home right now would fall in the $337,000 to $347,000 range. This home's position in the current BALCONES WEST market: the most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (100 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1968 build date influences the valuation. There are currently 7 similar homes on the market in BALCONES WEST, ranging from $299,800 to $559,000. Prices in BALCONES WEST have fallen 30.3% over the last 6 months. A similar home at 7906 Northforest DR, Austin TX 78759 carries an adjusted comparable value of $630,186, providing a strong data point. The comp data here (6 sales in BALCONES WEST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus