The estimated value of this property is $2,319,387, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,811,000 and $1,821,000. Against 6 similar active listings in HIGHLAND PARK WEST, this price point lands at the 3rd most expensive of 6 comparable homes on the market. Built in 2019, this home is 26 years newer than the average comp, which is reflected in the adjustments. The 0.20 acre lot (smaller than the 0.39 acre average) is reflected in the estimate. Buyers in HIGHLAND PARK WEST have 6 comparable options right now, with asking prices between $1,725,000 and $2,350,000. Recent trends in HIGHLAND PARK WEST show home values have fallen 39.3% since 6 months ago. The most comparable recent sale is 3201 Sunny LN, Austin TX 78731, with an adjusted value of $1,945,073; with a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group