8604 Crest Ridge CIR, Austin TX 78750

Based on 7 closed sales in BALCONES, the data points to a value around $934,927 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $811,000 to $821,000. This home's position in the current BALCONES market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 6 of the comps had one. Lot size matters here: 0.41 acres versus 0.33 for the typical comp. There are currently 5 similar homes on the market in BALCONES, ranging from $769,900 to $1,000,000. Market data shows BALCONES prices risen 42.7% over the last half year. The closest comparable sale, 11504 Champion DR, Austin TX 78750 at an adjusted $1,060,166, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus