Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $733,694. To generate strong buyer interest while maximizing value, I'd price this between $627,000 and $637,000. Among the similar homes currently available in BALCONES, this price point stands out as competitive. This home's smaller footprint (179 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The active market in BALCONES includes 4 comparable homes priced from $650,000 to $985,000. The trend in BALCONES shows prices have risen 25.1% in the past 6 months. 11906 Brookwood CIR, Austin TX 78750 nearby adjusts to $615,094; with a larger floor plan and no pool. The 7 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