4802 Placid PL, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $796,290. To generate strong buyer interest while maximizing value, I'd price this between $697,000 and $707,000. Against 6 similar active listings in HIGHLAND, this price point lands at the 3rd most expensive of 6 comparable homes on the market. The 373 sqft size difference versus comparable sales is reflected in the adjusted values. The 1964 construction puts this home 25 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in HIGHLAND, ranging from $625,000 to $1,125,000. The trend in HIGHLAND shows prices have fallen 2.6% in the past 6 months. 2809 W 50th ST, Austin TX 78731 nearby adjusts to $1,107,680; with a larger floor plan. 7 comparable transactions in HIGHLAND 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