221 Archipelago TRL, Austin TX 78717

Based on 3 closed sales in HIGHLAND HORIZON, the data points to a value around $508,683 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $415,000 to $425,000. Relative to what's currently available in HIGHLAND HORIZON, this home would be the 2nd most expensive of 6 comparable homes on the market. The 313 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in HIGHLAND HORIZON includes 6 comparable homes priced from $419,900 to $575,000. Market data shows HIGHLAND HORIZON prices fallen 24.1% over the last half year. The closest comparable sale, 104 Latitude LN, Austin TX 78717 at an adjusted $464,976, is a strong comparable. The strength of this estimate comes from 3 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