5107 Duval ST, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $984,891. To generate strong buyer interest while maximizing value, I'd price this between $1,063,000 and $1,126,000. In the current HIGHLANDS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 677 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1949 construction puts this home 18 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in HIGHLANDS; a buyer's market based on recent absorption. The trend in HIGHLANDS shows prices have fallen 11.9% in the past 6 months. 5509 Avenue F, Austin TX 78751 nearby adjusts to $962,423; 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