105 W 55 1/2 ST # 2, Austin TX 78751

The market data from 7 similar recent sales in HIGHLAND TERRACE points to a value of approximately $572,649. To sell within a reasonable timeframe at fair market value, the $338,000 to $348,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in HIGHLAND TERRACE. The 2018 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in HIGHLAND TERRACE, listed between $324,900 and $800,000. In 78751, home values have fallen approximately 12.4% over the past 6 months. One of the strongest data points is 402 Irma DR # B, Austin TX 78752, adjusting to $454,634; a strong comparable. 7 comparable transactions in HIGHLAND TERRACE 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