5508 Caprice DR, Austin TX 78731

Taking into account 3 nearby comparable sales, this property's estimated value comes to $1,470,083. If we were to list this property today, I'd recommend a list price in the $1,611,000 to $1,760,000 range. Buyers shopping in HIGHLAND PARK WEST right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (182 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 3 minus 2 of the comps had one. Current inventory shows 3 comparable homes in HIGHLAND PARK WEST; a seller's market based on recent absorption. The 6 month price trend in HIGHLAND PARK WEST: fallen 21.2%. The best comp here is 4804 Balcones DR, Austin TX 78731 at an adjusted value of $1,113,534, with no pool. The strength of this estimate comes from 3 directly comparable sales in HIGHLAND PARK WEST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group