2104 Highgrove TER, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,242,201. For a well positioned listing in ROYAL OAK, I'd target the $1,540,000 to $1,630,000 range. In the current ROYAL OAK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. The active market in ROYAL OAK includes 7 comparable homes priced from $1,350,000 to $4,900,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1712 W 10th ST, Austin TX 78703, with an adjusted value of $1,514,932; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group