4507 Highland TER, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,267,369. To generate strong buyer interest while maximizing value, I'd price this between $1,694,000 and $1,831,000. In the current HIGHLAND PARK market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. The 1950 construction puts this home 25 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in HIGHLAND PARK, ranging from $1,199,000 to $1,750,000. The trend in HIGHLAND PARK shows prices have fallen 2.7% in the past 6 months. 4503 Highland TER, Austin TX 78731 nearby adjusts to $1,235,603; with a smaller floor plan. 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