4507 Placid PL W, Austin TX 78731

After reviewing 4 recent transactions in HIGHLAND PARK, I estimate this property's value at $944,752. A competitive list price for this home right now would fall in the $576,000 to $586,000 range. Buyers shopping in HIGHLAND PARK right now would see this as a well positioned option among 4 comparable homes. This home's smaller footprint (1,265 sqft vs the comp average) plays a role in how the market prices it. At 41 years older than typical comps, the 1947 build date influences the valuation. 4 similar homes are currently available in HIGHLAND PARK, creating a buyer's market for this price range. Prices in HIGHLAND PARK have risen 2.8% over the last 6 months. A similar home at 2802 Perry LN, Austin TX 78731 carries an adjusted comparable value of $707,907, providing a strong data point. With 4 comparable sales in HIGHLAND PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group