5019 West Park DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,074,697. To generate strong buyer interest while maximizing value, I'd price this between $755,000 and $765,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in HIGHLAND. At 207 sqft smaller than the typical comp, the size difference factors into the valuation. The 1951 construction puts this home 29 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in HIGHLAND; a balanced market based on recent absorption. The trend in HIGHLAND shows prices have risen 1.3% in the past 6 months. 2809 W 50th ST, Austin TX 78731 nearby adjusts to $1,223,990; with a smaller floor plan. 7 comparable transactions in HIGHLAND 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