5001 N Fresco DR, Austin TX 78731

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $839,771. Pricing this home between $687,000 and $697,000 would put it in the competitive sweet spot for HIGHLAND. Buyers shopping in HIGHLAND right now would see this as a well positioned option among 6 comparable homes. Being 166 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 35 years older than typical comps, the 1954 build date influences the valuation. Current inventory shows 6 comparable homes in HIGHLAND; a balanced market based on recent absorption. Market data shows HIGHLAND prices risen 9.4% over the last half year. The closest comparable sale, 2809 W 50th ST, Austin TX 78731 at an adjusted $1,126,720, is a strong comparable. The comp data here (7 sales in HIGHLAND) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus