5008 Placid PL, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $741,168. To generate strong buyer interest while maximizing value, I'd price this between $584,000 and $594,000. In the current HIGHLAND market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. This home's larger footprint (135 sqft vs the comp average) plays a role in how the market prices it. The active market in HIGHLAND includes 6 comparable homes priced from $525,000 to $1,075,000. The trend in HIGHLAND shows prices have risen 4.7% in the past 6 months. 2800 W 50th ST, Austin TX 78731 nearby adjusts to $586,660; a strong comparable. 4 comparable transactions in HIGHLAND support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group