4914 W Frances PL, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $731,349. For a well positioned listing in HIGHLAND, I'd target the $614,000 to $624,000 range. In the current HIGHLAND market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 641 sqft smaller 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. With 4 similar homes currently listed in HIGHLAND (a balanced market), competition is a factor to consider. Recent trends in HIGHLAND show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 5011 W Frances PL, Austin TX 78731, with an adjusted value of $604,899; 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