402 Irma DR # A, Austin TX 78752

The market data from 7 similar recent sales in HIGHLAND points to a value of approximately $677,515. To sell within a reasonable timeframe at fair market value, the $440,000 to $450,000 range is where I'd position this. Against 7 similar active listings in HIGHLAND, this price point lands at the 0th most expensive of 7 comparable homes on the market. The 847 sqft size difference versus comparable sales is reflected in the adjusted values. The 2016 construction puts this home 34 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HIGHLAND; a buyer's market based on recent absorption. In HIGHLAND, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 403 Swanee DR # 2, Austin TX 78752, adjusting to $508,305; with a smaller floor plan. The 7 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