4515 Highland TER, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,174,658. To generate strong buyer interest while maximizing value, I'd price this between $478,000 and $488,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK. This home's smaller footprint (2,299 sqft vs the comp average) plays a role in how the market prices it. The 1951 construction puts this home 50 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in HIGHLAND PARK; a balanced market based on recent absorption. The trend in HIGHLAND PARK shows prices have risen 0.6% in the past 6 months. 4503 Highland TER, Austin TX 78731 nearby adjusts to $894,250; with a larger floor plan. 3 comparable transactions in HIGHLAND PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group