9404 Spring Hollow DR, Austin TX 78750

After reviewing 7 recent transactions in BALCONES, I estimate this property's value at $834,841. A competitive list price for this home right now would fall in the $690,000 to $700,000 range. This home's position in the current BALCONES market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 150 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.43 acres versus the area average of 0.37) contributes to the valuation. Buyers in BALCONES have 7 comparable options right now, with asking prices between $650,000 and $1,150,000. Prices in BALCONES have risen 25.1% over the last 6 months. A similar home at 9112 Balcones Club DR, Austin TX 78750 carries an adjusted comparable value of $904,900, providing a strong data point. 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