3001 Village DR, Austin TX 78731

The market data from 7 similar recent sales in HIGHLAND points to a value of approximately $1,139,508. To sell within a reasonable timeframe at fair market value, the $810,000 to $820,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in HIGHLAND. The 1954 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 1 similar homes are currently available in HIGHLAND, creating a balanced market for this price range. In HIGHLAND, home values have risen approximately 1% over the past 6 months. One of the strongest data points is 4801 Westfield DR, Austin TX 78731, adjusting to $1,469,836; with a larger floor plan. The 7 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