8707 Crest Ridge CIR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $882,424. For a well positioned listing in BALCONES, I'd target the $695,000 to $705,000 range. In the current BALCONES market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. At 0.38 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in BALCONES; a seller's market based on recent absorption. Recent trends in BALCONES show home values have risen 34.2% since 6 months ago. The most comparable recent sale is 8600 Crest Ridge CIR, Austin TX 78750, with an adjusted value of $679,350; a strong comparable. 7 comparable transactions in BALCONES 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