5319 Western Hills DR, Austin TX 78731

The estimated value of this property is $1,176,765, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,365,000 and $1,594,000. Against 3 similar active listings in HIGHLAND PARK WEST, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (643 sqft vs the comp average) plays a role in how the market prices it. Built in 1963, this home is 9 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in HIGHLAND PARK WEST (a balanced market), competition is a factor to consider. Recent trends in HIGHLAND PARK WEST show home values have fallen 28.4% since 6 months ago. The most comparable recent sale is 5202 Balcones DR, Austin TX 78731, with an adjusted value of $657,720; with a smaller floor plan. Based on 4 relevant data points in HIGHLAND PARK WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX