4702 Shadow LN, Austin TX 78731

Based on 7 closed sales in HIGHLAND PARK WEST, the data points to a value around $1,168,615 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,401,000 to $1,493,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in HIGHLAND PARK WEST's current inventory. Being built in 1948 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.44 acres versus 0.35 for the typical comp. Current inventory shows 5 comparable homes in HIGHLAND PARK WEST; a seller's market based on recent absorption. Market data shows HIGHLAND PARK WEST prices fallen 21.2% over the last half year. The closest comparable sale, 4804 Balcones DR, Austin TX 78731 at an adjusted $1,039,267, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus