4500 Placid PL, Austin TX 78731

Based on 3 closed sales in HIGHLAND PARK, the data points to a value around $1,316,206 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,636,000 to $1,722,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in HIGHLAND PARK's current inventory. Being built in 2015 (40 years newer than comps) is factored into the value estimate. Lot size matters here: 0.17 acres versus 0.24 for the typical comp. The active market in HIGHLAND PARK includes 7 comparable homes priced from $1,149,000 to $1,900,000. Market data shows HIGHLAND PARK prices fallen 2.7% over the last half year. The closest comparable sale, 4503 Highland TER, Austin TX 78731 at an adjusted $1,275,983, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus