3601 Laurel Ledge LN, Austin TX 78731

The estimated value of this property is $1,145,839, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $525,000 and $535,000. In the current HIGHLAND HILLS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 168 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1976, this home is 10 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HIGHLAND HILLS; a seller's market based on recent absorption. Recent trends in HIGHLAND HILLS show home values have risen 30.9% since 6 months ago. The most comparable recent sale is 6203 Shadow Mountain CV, Austin TX 78731, with an adjusted value of $810,043; a strong comparable. 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