5011 W Frances PL, Austin TX 78731

The comparable sales data (7 recent transactions in HIGHLAND) supports an estimated value of $665,771. The data suggests a list price between $558,000 and $568,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 3 comparable homes on the market in HIGHLAND's current inventory. This home's smaller footprint (349 sqft vs the comp average) plays a role in how the market prices it. Being built in 1953 (17 years older than comps) is factored into the value estimate. 3 similar homes are currently available in HIGHLAND, creating a balanced market for this price range. Prices in HIGHLAND have risen 9.5% over the last 6 months. A similar home at 5010 W Frances PL, Austin TX 78731 carries an adjusted comparable value of $622,316, providing a strong data point. 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