9208 Springwood DR, Austin TX 78750

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $693,565. Pricing this home between $416,000 and $426,000 would put it in the competitive sweet spot for BALCONES. Relative to what's currently available in BALCONES, this home would be the 2nd most expensive of 4 comparable homes on the market. At 213 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.24 acres versus the area average of 0.32) contributes to the valuation. There are currently 4 similar homes on the market in BALCONES, ranging from $429,000 to $985,000. Market data shows BALCONES prices risen 25.1% over the last half year. The closest comparable sale, 9109 Balcones Club DR, Austin TX 78750 at an adjusted $682,746, is 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