2807 W 50th ST, Austin TX 78731

The market data from 5 similar recent sales in HIGHLAND points to a value of approximately $1,231,668. To sell within a reasonable timeframe at fair market value, the $1,392,000 to $1,493,000 range is where I'd position this. With 1 comparable homes on the market in HIGHLAND, this price positions the property as above the only comparable home currently on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2023 construction puts this home 44 years newer than the comp average, a factor in the pricing. Buyers in HIGHLAND have 1 comparable options right now, with asking prices between $1,400,000 and $1,400,000. In HIGHLAND, home values have fallen approximately 10.7% over the past 6 months. One of the strongest data points is 2903 Village DR, Austin TX 78731, adjusting to $1,391,950; a strong comparable. The 5 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