8800 CREST RIDGE CIR, Austin TX 78750

The market data from 7 similar recent sales in BALCONES points to a value of approximately $1,308,513. To sell within a reasonable timeframe at fair market value, the $1,125,000 to $1,135,000 range is where I'd position this. Among the similar homes currently available in BALCONES, this price point stands out as competitive. The larger floor plan (557 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.85 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in BALCONES, ranging from $1,000,000 to $2,500,000. In BALCONES, home values have risen approximately 18.6% over the past 6 months. One of the strongest data points is 9407 Springwood DR, Austin TX 78750, adjusting to $1,056,124; with a smaller floor plan. 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