2801 W 50th ST, Austin TX 78731

The market data from 7 similar recent sales in HIGHLAND points to a value of approximately $1,069,287. To sell within a reasonable timeframe at fair market value, the $1,037,000 to $1,101,000 range is where I'd position this. Against 1 similar active listings in HIGHLAND, this price point lands at below the only comparable home currently on the market. At 823 sqft larger than the typical comp, the size difference factors into the valuation. The 1954 construction puts this home 35 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in HIGHLAND, creating a balanced market for this price range. In HIGHLAND, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 2903 Village DR, Austin TX 78731, adjusting to $1,345,523; with a smaller floor plan. The 7 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