3001 Village DR, Austin TX 78731

The market data from 5 similar recent sales in HIGHLAND points to a value of approximately $1,153,225. To sell within a reasonable timeframe at fair market value, the $1,119,000 to $1,188,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in HIGHLAND. This home's larger footprint (290 sqft vs the comp average) plays a role in how the market prices it. At 0.28 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. In HIGHLAND, home values have risen approximately 12% over the past 6 months. One of the strongest data points is 4801 Westfield DR, Austin TX 78731, adjusting to $1,470,811; with a larger floor plan. 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