3209 Hancock DR, Austin TX 78731

The market data from 3 similar recent sales in HIGHLAND PARK WEST points to a value of approximately $782,060. To sell within a reasonable timeframe at fair market value, the $643,000 to $653,000 range is where I'd position this. Against 5 similar active listings in HIGHLAND PARK WEST, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The 150 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.30 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in HIGHLAND PARK WEST, ranging from $565,000 to $1,188,888. In HIGHLAND PARK WEST, home values have fallen approximately 21.2% over the past 6 months. One of the strongest data points is 3518 Lakeland DR, Austin TX 78731, adjusting to $747,627; a strong comparable. The 3 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