2805 W 45th, Austin TX 78731

The estimated value of this property is $1,395,611, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $2,062,000 and $2,334,000. In the current HIGHLAND PARK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 942 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 32 years newer than the average comp, which is reflected in the adjustments. The active market in HIGHLAND PARK includes 7 comparable homes priced from $1,150,000 to $2,750,000. Recent trends in HIGHLAND PARK show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 4516 Bull Creek RD, Austin TX 78731, with an adjusted value of $931,240; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group