5001 Fairview # B, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $902,518. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $728,000 to $738,000 range. Against 3 similar active listings in HIGHLAND PARK WEST, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 0.31 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. The active market in HIGHLAND PARK WEST includes 3 comparable homes priced from $725,000 to $1,365,000. Recent trends in HIGHLAND PARK WEST show home values have fallen 21.2% since 6 months ago. The most comparable recent sale is 3506 Lakeland DR, Austin TX 78731, with an adjusted value of $1,067,439; with a larger floor plan. The 4 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