5014 W Frances PL, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $891,783. For a well positioned listing in HIGHLAND, I'd target the $673,000 to $683,000 range. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in HIGHLAND. The 420 sqft size difference versus comparable sales is reflected in the adjusted values. The 1954 construction puts this home 26 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in HIGHLAND; a balanced market based on recent absorption. Recent trends in HIGHLAND show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 2809 W 50th ST, Austin TX 78731, with an adjusted value of $1,071,735; a strong comparable. 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