4807 West Park DR, Austin TX 78731

After reviewing 7 recent transactions in HIGHLAND, I estimate this property's value at $654,888. A competitive list price for this home right now would fall in the $258,000 to $268,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in HIGHLAND's current inventory. The smaller floor plan (638 sqft compared to the average comp) is a meaningful differentiator in this price range. At 14 years older than typical comps, the 1950 build date influences the valuation. Current inventory shows 4 comparable homes in HIGHLAND; a buyer's market based on recent absorption. Prices in HIGHLAND have risen 11.6% over the last 6 months. A similar home at 5010 W Frances PL, Austin TX 78731 carries an adjusted comparable value of $520,627, providing a strong data point. With 7 comparable sales in HIGHLAND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group