9401 Cedar Crest DR, Austin TX 78750

The market data from 7 similar recent sales in BALCONES points to a value of approximately $738,049. To sell within a reasonable timeframe at fair market value, the $449,000 to $459,000 range is where I'd position this. Against 7 similar active listings in BALCONES, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (198 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.56 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in BALCONES, ranging from $450,000 to $825,000. In BALCONES, home values have risen approximately 17.6% over the past 6 months. One of the strongest data points is 9202 Spring Hollow DR, Austin TX 78750, adjusting to $736,266; with a larger floor plan. 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