9008 Mountain Lake CIR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $983,746. For a well positioned listing in BALCONES, I'd target the $954,000 to $1,013,000 range. Among the similar homes currently available in BALCONES, this price point stands out as competitive. The pool is a differentiator here, since 3 of 5 comparable sales didn't include one. At 0.47 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. 3 similar homes are currently available in BALCONES, creating a balanced market for this price range. Recent trends in BALCONES show home values have risen 46.9% since 6 months ago. The most comparable recent sale is 9407 Springwood DR, Austin TX 78750, with an adjusted value of $898,408; with a larger floor plan and no pool. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group