204 W 55 1/2 ST Unit 1, Austin TX 78751

After reviewing 7 recent transactions in HIGHLAND TERRACE, I estimate this property's value at $388,592. A competitive list price for this home right now would fall in the $168,000 to $178,000 range. This would position the home competitively among 7 active listings in HIGHLAND TERRACE. The smaller floor plan (343 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.08 acres versus the area average of 0.15) contributes to the valuation. Buyers in HIGHLAND TERRACE have 7 comparable options right now, with asking prices between $199,900 and $675,000. Prices in 78751 have fallen 13.9% over the last 6 months. A similar home at 5517 Avenue G # A, Austin TX 78751 carries an adjusted comparable value of $411,377, providing a strong data point. With 7 comparable sales in HIGHLAND TERRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group