5013 Avenue G, Austin TX 78751

The market data from 7 similar recent sales in HIGHLANDS points to a value of approximately $1,175,889. To sell within a reasonable timeframe at fair market value, the $1,426,000 to $1,615,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in HIGHLANDS. This home's larger footprint (595 sqft vs the comp average) plays a role in how the market prices it. The 1927 construction puts this home 61 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in HIGHLANDS, creating a buyer's market for this price range. In HIGHLANDS, home values have risen approximately 20% over the past 6 months. One of the strongest data points is 5509 Avenue F, Austin TX 78751, adjusting to $1,017,616; with a smaller floor plan. 7 comparable transactions in HIGHLANDS 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