8804 Crest Ridge CIR, Austin TX 78750

After reviewing 7 recent transactions in BALCONES, I estimate this property's value at $755,527. A competitive list price for this home right now would fall in the $411,000 to $421,000 range. Relative to what's currently available in BALCONES, this home would be the most expensive of 7 comparable homes on the market. At 154 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in BALCONES (a balanced market), competition is a factor to consider. Prices in BALCONES have risen 31.3% over the last 6 months. A similar home at 9109 Balcones Club DR, Austin TX 78750 carries an adjusted comparable value of $709,853, providing a strong data point. 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