8006 Hillrise DR, Austin TX 78759

The market data from 3 similar recent sales in BALCONES HILLS points to a value of approximately $702,865. To sell within a reasonable timeframe at fair market value, the $275,000 to $285,000 range is where I'd position this. Against 7 similar active listings in BALCONES HILLS, this price point lands at the most expensive of 7 comparable homes on the market. At 148 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BALCONES HILLS, listed between $239,000 and $760,000. In 78759, home values have risen approximately 4% over the past 6 months. One of the strongest data points is 8702 Wildridge DR, Austin TX 78759, adjusting to $586,047; with a larger floor plan. 3 comparable transactions in BALCONES HILLS 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