5208 Avenue G # 1, Austin TX 78751

The market data from 5 similar recent sales in HIGHLANDS points to a value of approximately $578,768. To sell within a reasonable timeframe at fair market value, the $639,000 to $641,000 range is where I'd position this. Among the similar homes currently available in HIGHLANDS, this price point stands out as competitive. The 1940 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in HIGHLANDS; a buyer's market based on recent absorption. In HIGHLANDS, home values have fallen approximately 11.9% over the past 6 months. One of the strongest data points is 305 E 50th ST, Austin TX 78751, adjusting to $641,230; with a smaller floor plan. 5 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