305 Archipelago TRL, Austin TX 78717

The estimated value of this property is $712,575, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $582,000 and $592,000. In the current HIGHLAND HORIZON market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 307 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.13 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in HIGHLAND HORIZON; a buyer's market based on recent absorption. Recent trends in 78717 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 100 Navigator DR, Austin TX 78717, with an adjusted value of $688,019; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group