5016 W Frances PL, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $634,997. Based on how the local market is moving, a list price between $557,000 and $567,000 would position this home well. This home's position in the current HIGHLAND market: the most expensive of 3 comparable homes on the market among comparable properties. The 780 sqft size difference versus comparable sales is reflected in the adjusted values. At 36 years older than typical comps, the 1953 build date influences the valuation. With 3 similar homes currently listed in HIGHLAND (a balanced market), competition is a factor to consider. The 6 month price trend in HIGHLAND: fallen 2.6%. The best comp here is 5011 W Frances PL, Austin TX 78731 at an adjusted value of $531,355, with a larger floor plan. The comp data here (7 sales in HIGHLAND) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus