5009 Paul Thomas DR, Austin TX 78717

The market data from 7 similar recent sales in HIGHLAND HORIZON points to a value of approximately $502,548. To sell within a reasonable timeframe at fair market value, the $419,000 to $429,000 range is where I'd position this. With 6 comparable homes on the market in HIGHLAND HORIZON, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The 1,256 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.66 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in HIGHLAND HORIZON; a buyer's market based on recent absorption. In 78717, home values have fallen approximately 3.6% over the past 6 months. One of the strongest data points is 1309 Sarah Christine LN, Austin TX 78717, adjusting to $419,207; a strong comparable. 7 comparable transactions in HIGHLAND HORIZON 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