5501 Link Ave, Austin TX 78751

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $904,998. I'd recommend coming to market at $551,000 to $561,000 to strike the right balance between value and market velocity. In the current HIGHLANDS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 313 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2016, this home is 8 years older than the average comp, which is reflected in the adjustments. Buyers in HIGHLANDS have 7 comparable options right now, with asking prices between $499,999 and $809,900. The trend in HIGHLANDS shows prices have risen 20% in the past 6 months. 5303 Avenue G # 1, Austin TX 78751 nearby adjusts to $1,117,107; with a larger floor plan. Based on 3 relevant data points in HIGHLANDS, 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