4801 Crestway DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,611,999. To generate strong buyer interest while maximizing value, I'd price this between $1,745,000 and $1,755,000. With 7 comparable homes on the market in HIGHLAND PARK WEST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 124 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. With 7 similar homes currently listed in HIGHLAND PARK WEST (a balanced market), competition is a factor to consider. The trend in HIGHLAND PARK WEST shows prices have fallen 39.3% in the past 6 months. 4622 Lake View DR, Austin TX 78731 nearby adjusts to $3,771,715; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group