4806 West Park DR, Austin TX 78731

The market data from 7 similar recent sales in HIGHLAND points to a value of approximately $824,276. To sell within a reasonable timeframe at fair market value, the $1,057,000 to $1,093,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in HIGHLAND. This home's smaller footprint (101 sqft vs the comp average) plays a role in how the market prices it. The 1950 construction puts this home 39 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in HIGHLAND, ranging from $649,000 to $1,125,000. In HIGHLAND, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 2809 W 50th ST, Austin TX 78731, adjusting to $1,092,924; a strong comparable. 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