9518 Topridge DR # 38, Austin TX 78750

After reviewing 7 recent transactions in BALCONES PLACE CONDO, I estimate this property's value at $613,609. A competitive list price for this home right now would fall in the $342,000 to $352,000 range. Buyers shopping in BALCONES PLACE CONDO right now would see this as a well positioned option among 3 comparable homes. At 9 years newer than typical comps, the 1992 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.29) contributes to the valuation. With 3 similar homes currently listed in BALCONES PLACE CONDO (a balanced market), competition is a factor to consider. Prices in 78750 have risen 0.2% over the last 6 months. A similar home at 9518 Topridge DR # 7, Austin TX 78750 carries an adjusted comparable value of $443,311, providing a strong data point. With 7 comparable sales in BALCONES PLACE CONDO, 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