5004 Placid PL, Austin TX 78731

Based on 7 closed sales in HIGHLAND, the data points to a value around $841,569 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $723,000 to $733,000. This pricing would rank the home as below the only comparable home currently on the market in HIGHLAND's current inventory. This home's larger footprint (251 sqft vs the comp average) plays a role in how the market prices it. Being built in 1954 (25 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in HIGHLAND, ranging from $675,000 to $675,000. Market data shows HIGHLAND prices risen 0.3% over the last half year. The closest comparable sale, 2809 W 50th ST, Austin TX 78731 at an adjusted $1,136,704, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in HIGHLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group