The comparable sales data (7 recent transactions in HIGHLAND PARK WEST) supports an estimated value of $1,483,593. The data suggests a list price between $1,878,000 and $2,190,000 would attract qualified buyers without leaving money on the table. This home's position in the current HIGHLAND PARK WEST market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 193 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 2 of the comps had one. Right now, 7 similar properties are competing for buyers in HIGHLAND PARK WEST, listed between $1,495,000 and $2,750,000. Prices in HIGHLAND PARK WEST have fallen 21.2% over the last 6 months. A similar home at 3503 Arrowhead DR, Austin TX 78731 carries an adjusted comparable value of $1,345,675, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus