5015 West Park DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,399,427. For a well positioned listing in HIGHLAND, I'd target the $1,544,000 to $1,683,000 range. At this price, the property would be above the only comparable home currently on the market comparable homes currently on the market in HIGHLAND. The 565 sqft size difference versus comparable sales is reflected in the adjusted values. The 2012 construction puts this home 33 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in HIGHLAND (a balanced market), competition is a factor to consider. Recent trends in HIGHLAND show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 2903 Village DR, Austin TX 78731, with an adjusted value of $1,543,817; with a smaller floor plan. The 5 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