2803 W 50th, Austin TX 78731

The comparable sales data (7 recent transactions in HIGHLAND) supports an estimated value of $1,033,795. The data suggests a list price between $1,003,000 and $1,065,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in HIGHLAND, this home would be below the only comparable home currently on the market. Being 935 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1954 (35 years older than comps) is factored into the value estimate. 1 similar homes are currently available in HIGHLAND, creating a balanced market for this price range. Prices in HIGHLAND have fallen 2.6% over the last 6 months. A similar home at 2809 W 50th ST, Austin TX 78731 carries an adjusted comparable value of $1,360,545, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HIGHLAND. 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