4906 W Frances PL, Austin TX 78731

The market data from 7 similar recent sales in HIGHLAND points to a value of approximately $878,227. To sell within a reasonable timeframe at fair market value, the $852,000 to $905,000 range is where I'd position this. In the current HIGHLAND market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 487 sqft larger than the typical comp, the size difference factors into the valuation. The 1953 construction puts this home 36 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in HIGHLAND, ranging from $1,585,000 to $1,585,000. In HIGHLAND, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 2903 Village DR, Austin TX 78731, adjusting to $1,141,656; with a larger 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