4800 Placid PL, Austin TX 78731

The estimated value of this property is $852,378, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $620,000 and $630,000. Among the similar homes currently available in HIGHLAND, this price point stands out as competitive. This home's smaller footprint (190 sqft vs the comp average) plays a role in how the market prices it. Built in 1965, this home is 24 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in HIGHLAND (a buyer's market), competition is a factor to consider. Recent trends in HIGHLAND show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 2809 W 50th ST, Austin TX 78731, with an adjusted value of $1,143,297; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group