8717 Crest Ridge CIR, Austin TX 78750

Based on 7 closed sales in BALCONES, the data points to a value around $869,239 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $466,000 to $476,000. This would position the home competitively among 7 active listings in BALCONES. Being 161 sqft smaller than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 6 of the comps had one. Right now, 7 similar properties are competing for buyers in BALCONES, listed between $419,000 and $995,000. 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 $1,017,042, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in BALCONES. 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