3108 W Highland TER, Austin TX 78731

The market data from 4 similar recent sales in HIGHLAND PARK WEST points to a value of approximately $961,995. To sell within a reasonable timeframe at fair market value, the $1,211,000 to $1,231,000 range is where I'd position this. Against 7 similar active listings in HIGHLAND PARK WEST, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. The 1950 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in HIGHLAND PARK WEST, creating a seller's market for this price range. In HIGHLAND PARK WEST, home values have fallen approximately 37.2% over the past 6 months. One of the strongest data points is 4804 Balcones DR, Austin TX 78731, adjusting to $1,102,246; with no pool. The 4 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