9202 Cedar Crest DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $959,424. Based on how the local market is moving, a list price between $1,061,000 and $1,080,000 would position this home well. This would position the home competitively among 4 active listings in BALCONES. The larger floor plan (355 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.41 acres versus the area average of 0.35) contributes to the valuation. Buyers in BALCONES have 4 comparable options right now, with asking prices between $1,017,800 and $1,200,000. The 6 month price trend in BALCONES: risen 25.1%. The best comp here is 9407 Springwood DR, Austin TX 78750 at an adjusted value of $892,369, a strong comparable. 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