9011 Mountain Lake CIR, Austin TX 78750

Based on 7 closed sales in BALCONES, the data points to a value around $989,096 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $809,000 to $819,000. Buyers shopping in BALCONES right now would see this as a well positioned option among 4 comparable homes. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.39 acres versus 0.32 for the typical comp. There are currently 4 similar homes on the market in BALCONES, ranging from $725,000 to $1,150,000. Market data shows BALCONES prices risen 46.9% over the last half year. The closest comparable sale, 9305 Spring Hollow DR, Austin TX 78750 at an adjusted $1,137,560, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BALCONES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group