8801 Fairway Hill DR, Austin TX 78750

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,000,575. Pricing this home between $779,000 and $789,000 would put it in the competitive sweet spot for BALCONES. This would position the home competitively among 4 active listings in BALCONES. At 23 years newer than typical comps, the 1997 build date influences the valuation. The larger lot (0.39 acres versus the area average of 0.34) contributes to the valuation. Right now, 4 similar properties are competing for buyers in BALCONES, listed between $758,000 and $895,000. Market data shows BALCONES prices risen 42.7% over the last half year. The closest comparable sale, 9016 Balcones Club DR, Austin TX 78750 at an adjusted $750,428, is with a smaller floor plan. With 7 comparable sales in BALCONES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group