311 E 54th ST, Austin TX 78751

Based on 7 closed sales in HIGHLANDS, the data points to a value around $610,019 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $247,000 to $257,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in HIGHLANDS's current inventory. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.04 acres versus 0.12 for the typical comp. Right now, 3 similar properties are competing for buyers in HIGHLANDS, listed between $245,000 and $525,000. Market data shows HIGHLANDS prices risen 0.7% over the last half year. The closest comparable sale, 5403 Duval ST # 1, Austin TX 78751 at an adjusted $583,717, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in HIGHLANDS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group