2906 Terrain, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $842,124. To generate strong buyer interest while maximizing value, I'd price this between $487,000 and $497,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK. This home's smaller footprint (1,447 sqft vs the comp average) plays a role in how the market prices it. The 1950 construction puts this home 25 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in HIGHLAND PARK (a buyer's market), competition is a factor to consider. The trend in HIGHLAND PARK shows prices have fallen 2.7% in the past 6 months. 4516 Bull Creek RD, Austin TX 78731 nearby adjusts to $614,819; with a larger floor plan. The 3 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