3005 Village DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $823,774. To generate strong buyer interest while maximizing value, I'd price this between $579,000 and $589,000. With 5 comparable homes on the market in HIGHLAND, this price positions the property as the most expensive of 5 comparable homes on the market. At 277 sqft smaller than the typical comp, the size difference factors into the valuation. The 1953 construction puts this home 28 years older than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in HIGHLAND, ranging from $525,000 to $1,075,000. The trend in HIGHLAND shows prices have risen 1% in the past 6 months. 2809 W 50th ST, Austin TX 78731 nearby adjusts to $1,063,875; with a larger floor plan. 7 comparable transactions in HIGHLAND support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group