3311 Big Bend DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,859,133. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $2,429,000 to $2,558,000 range. Against 3 similar active listings in HIGHLAND PARK WEST, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (677 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1951 construction puts this home 6 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in HIGHLAND PARK WEST (a balanced market), competition is a factor to consider. Recent trends in HIGHLAND PARK WEST show home values have fallen 39.3% since 6 months ago. The most comparable recent sale is 4602 Laurel Canyon DR, Austin TX 78731, with an adjusted value of $1,522,760; with a pool. 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