311 E 54th ST, Austin TX 78751

Based on 7 closed sales in HIGHLANDS, the data points to a value around $582,756 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $571,000 to $594,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in HIGHLANDS's current inventory. At 486 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.04 acres versus 0.13 for the typical comp. Right now, 7 similar properties are competing for buyers in HIGHLANDS, listed between $390,000 and $685,000. Market data shows HIGHLANDS prices fallen 17.2% over the last half year. The closest comparable sale, 4805 Avenue H # 2, Austin TX 78751 at an adjusted $680,370, 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