3301 Perry LN, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,447,310. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $985,000 to $995,000 range. Against 7 similar active listings in HIGHLAND PARK WEST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (231 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1951 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in HIGHLAND PARK WEST includes 7 comparable homes priced from $999,000 to $2,499,999. Recent trends in HIGHLAND PARK WEST show home values have fallen 21.2% since 6 months ago. The most comparable recent sale is 4715 Highland TER, Austin TX 78731, with an adjusted value of $1,379,050; with a smaller floor plan. The 6 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