1414 The High RD, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,057,324. I'd recommend coming to market at $804,000 to $814,000 to strike the right balance between value and market velocity. Against 6 similar active listings in WESTLAKE HIGHLANDS, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The smaller floor plan (307 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1968, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in WESTLAKE HIGHLANDS; a buyer's market based on recent absorption. The trend in WESTLAKE HIGHLANDS shows prices have fallen 25.4% in the past 6 months. 1500 Ridgecrest DR, Austin TX 78746 nearby adjusts to $974,738; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group