5111 Valley Oak DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $671,614. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $520,000 to $530,000 range. Against 4 similar active listings in HIGHLAND PARK WEST, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. 4 similar homes are currently available in HIGHLAND PARK WEST, creating a balanced market for this price range. Recent trends in HIGHLAND PARK WEST show home values have fallen 37.4% since 6 months ago. The most comparable recent sale is 3518 Lakeland DR, Austin TX 78731, with an adjusted value of $681,532; a strong comparable. 4 comparable transactions in HIGHLAND PARK WEST 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