9405 Cedar Crest DR, Austin TX 78750

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $853,071. I'd recommend coming to market at $707,000 to $717,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BALCONES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The 0.42 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BALCONES, listed between $650,000 and $1,150,000. The trend in BALCONES shows prices have risen 25.1% in the past 6 months. 9112 Balcones Club DR, Austin TX 78750 nearby adjusts to $913,083; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group