4618 Lake VW, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $1,132,662. Based on how the local market is moving, a list price between $533,000 and $543,000 would position this home well. Relative to what's currently available in HIGHLAND PARK WEST, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (114 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.18 acres versus the area average of 0.31) contributes to the valuation. The active market in HIGHLAND PARK WEST includes 7 comparable homes priced from $499,000 to $1,375,000. The 6 month price trend in HIGHLAND PARK WEST: fallen 28.3%. The best comp here is 3506 Lakeland DR, Austin TX 78731 at an adjusted value of $1,270,227, a strong comparable. With 7 comparable sales in HIGHLAND PARK WEST, 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