5114 Avenue G, Austin TX 78751

After reviewing 4 recent transactions in HIGHLANDS, I estimate this property's value at $516,816. A competitive list price for this home right now would fall in the $501,000 to $532,000 range. This home's position in the current HIGHLANDS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1938 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 4 comparable homes in HIGHLANDS; a balanced market based on recent absorption. Prices in HIGHLANDS have risen 0.7% over the last 6 months. A similar home at 4805 Avenue H # 2, Austin TX 78751 carries an adjusted comparable value of $558,519, providing a strong data point. With 4 comparable sales in HIGHLANDS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group