5006 Parell PATH, Austin TX 78744

Based on 4 closed sales in SOUTH HIGHLANDS, the data points to a value around $245,343 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $292,000 to $305,000. This would position the home competitively among 5 active listings in SOUTH HIGHLANDS. Being 105 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1982 (6 years newer than comps) is factored into the value estimate. There are currently 5 similar homes on the market in SOUTH HIGHLANDS, ranging from $229,990 to $337,000. Market data shows 78744 prices risen 3.4% over the last half year. The closest comparable sale, 4612 Turnstone DR, Austin TX 78744 at an adjusted $122,718, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in SOUTH HIGHLANDS. 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