9409 CEDAR CREST DR, Austin TX 78750

The market data from 5 similar recent sales in BALCONES points to a value of approximately $990,380. To sell within a reasonable timeframe at fair market value, the $961,000 to $1,020,000 range is where I'd position this. Against 3 similar active listings in BALCONES, this price point lands at the most affordable of 3 comparable homes on the market. At 434 sqft larger than the typical comp, the size difference factors into the valuation. At 0.43 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in BALCONES, listed between $1,100,000 and $1,200,000. In BALCONES, home values have risen approximately 25.1% over the past 6 months. One of the strongest data points is 9407 Springwood DR, Austin TX 78750, adjusting to $913,694; with a smaller floor plan. 5 comparable transactions in BALCONES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group