4604 Placid, Austin TX 78731

The market data from 3 similar recent sales in HIGHLAND PARK points to a value of approximately $883,679. To sell within a reasonable timeframe at fair market value, the $520,000 to $530,000 range is where I'd position this. Among the similar homes currently available in HIGHLAND PARK, this price point stands out as competitive. This home's smaller footprint (1,427 sqft vs the comp average) plays a role in how the market prices it. The 1948 construction puts this home 27 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in HIGHLAND PARK (a buyer's market), competition is a factor to consider. In HIGHLAND PARK, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 4516 Bull Creek RD, Austin TX 78731, adjusting to $641,354; 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