121 Archipelago TRL, Austin TX 78717

Based on 4 closed sales in HIGHLAND HORIZON, the data points to a value around $846,607 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $641,000 to $651,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in HIGHLAND HORIZON's current inventory. Lot size matters here: 0.23 acres versus 0.18 for the typical comp. With 7 similar homes currently listed in HIGHLAND HORIZON (a buyer's market), competition is a factor to consider. Market data shows 78717 prices fallen 0.4% over the last half year. The closest comparable sale, 517 Carina DR, Round Rock TX 78681 at an adjusted $883,323, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in HIGHLAND HORIZON. 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