11906 Arabian TRL, Austin TX 78759

Based on 4 closed sales in HIGHLAND OAKS, the data points to a value around $472,400 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $628,000 to $630,000. This would position the home competitively among 7 active listings in HIGHLAND OAKS. Being built in 1960 (18 years older than comps) is factored into the value estimate. Lot size matters here: 0.53 acres versus 0.24 for the typical comp. 7 similar homes are currently available in HIGHLAND OAKS, creating a buyer's market for this price range. Market data shows HIGHLAND OAKS prices fallen 49.4% over the last half year. The closest comparable sale, 11819 Highland Oaks TRL, Austin TX 78759 at an adjusted $471,729, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in HIGHLAND OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group