8904 Balcones Club DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $917,554. Based on how the local market is moving, a list price between $708,000 and $718,000 would position this home well. This home's position in the current BALCONES market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The larger lot (0.36 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 5 comparable homes in BALCONES; a balanced market based on recent absorption. The 6 month price trend in BALCONES: risen 46.9%. The best comp here is 9030 Balcones Club DR, Austin TX 78750 at an adjusted value of $1,033,589, 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