5010 Placid PL, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $668,646. For a well positioned listing in HIGHLAND, I'd target the $639,000 to $949,000 range. Against 6 similar active listings in HIGHLAND, this price point lands at the most expensive of 6 comparable homes on the market. The 501 sqft size difference versus comparable sales is reflected in the adjusted values. The 1953 construction puts this home 36 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in HIGHLAND, ranging from $565,000 to $1,125,000. Recent trends in HIGHLAND show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 5011 W Frances PL, Austin TX 78731, with an adjusted value of $585,755; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group