4509 Placid PL, Austin TX 78731

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,590,708. Pricing this home between $2,059,000 and $2,138,000 would put it in the competitive sweet spot for HIGHLAND PARK. Buyers shopping in HIGHLAND PARK right now would see this as a well positioned option among 3 comparable homes. At 32 years newer than typical comps, the 2020 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 3 comparable homes in HIGHLAND PARK; a balanced market based on recent absorption. Market data shows HIGHLAND PARK prices risen 2.8% over the last half year. The closest comparable sale, 4503 Highland TER, Austin TX 78731 at an adjusted $1,357,488, is with a smaller floor plan. 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