5211 Evans Ave # A, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $764,987. For a well positioned listing in HIGHLANDS, I'd target the $521,000 to $531,000 range. In the current HIGHLANDS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.21 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HIGHLANDS; a buyer's market based on recent absorption. Recent trends in HIGHLANDS show home values have fallen 11.9% since 6 months ago. The most comparable recent sale is 5514 Avenue H # 1, Austin TX 78751, with an adjusted value of $694,771; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group