8011 Hillrise DR, Austin TX 78759

Based on 7 closed sales in BALCONES HILLS, the data points to a value around $829,706 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $699,000 to $709,000. This home's position in the current BALCONES HILLS market: the most expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.29 acres versus 0.25 for the typical comp. 4 similar homes are currently available in BALCONES HILLS, creating a balanced market for this price range. Market data shows 78759 prices risen 8.7% over the last half year. The closest comparable sale, 8702 Wildridge DR, Austin TX 78759 at an adjusted $651,537, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BALCONES HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group