4805 West Park DR, Austin TX 78731

Based on 4 closed sales in HIGHLAND, the data points to a value around $668,851 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $396,000 to $406,000. This would position the home competitively among 5 active listings in HIGHLAND. This home's smaller footprint (115 sqft vs the comp average) plays a role in how the market prices it. Being built in 1965 (9 years newer than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in HIGHLAND; a buyer's market based on recent absorption. Market data shows HIGHLAND prices risen 12% over the last half year. The closest comparable sale, 5010 W Frances PL, Austin TX 78731 at an adjusted $659,232, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in HIGHLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group