1005 Paul Thomas, Austin TX 78717

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $501,144. To generate strong buyer interest while maximizing value, I'd price this between $527,000 and $647,000. Against 3 similar active listings in HIGHLAND HORIZON, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (1,203 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.66 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in HIGHLAND HORIZON; a buyer's market based on recent absorption. The trend in 78717 shows prices have fallen 0.4% in the past 6 months. 1309 Sarah Christine LN, Austin TX 78717 nearby adjusts to $423,953; a strong comparable. 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