5001 Avenue G, Austin TX 78751

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $596,684. I'd recommend coming to market at $638,000 to $650,000 to strike the right balance between value and market velocity. In the current HIGHLANDS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Built in 1937, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in HIGHLANDS; a buyer's market based on recent absorption. The trend in HIGHLANDS shows prices have fallen 2.8% in the past 6 months. 5204 Avenue G, Austin TX 78751 nearby adjusts to $681,915; with a smaller floor plan. Based on 3 relevant data points in HIGHLANDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX