2109 Highgrove TER, Austin TX 78703

The market data from 7 similar recent sales in 78703 points to a value of approximately $1,566,403. To sell within a reasonable timeframe at fair market value, the $1,073,000 to $1,083,000 range is where I'd position this. Among the similar homes currently available in 78703, this price point stands out as competitive. The 1980 construction puts this home 28 years newer than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78703; a buyer's market based on recent absorption. In 78703, home values have risen approximately 8.5% over the past 6 months. One of the strongest data points is 2415 Dormarion LN, Austin TX 78703, adjusting to $2,162,849; with a larger floor plan. 7 comparable transactions in 78703 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group