5508 Ferret PATH, Austin TX 78744

Based on 7 closed sales in SOUTH HIGHLANDS, the data points to a value around $316,147 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $337,000 to $354,000. This would position the home competitively among 6 active listings in SOUTH HIGHLANDS. The larger floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1979 (5 years older than comps) is factored into the value estimate. Right now, 6 similar properties are competing for buyers in SOUTH HIGHLANDS, listed between $310,000 and $415,000. Market data shows 78744 prices risen 3.4% over the last half year. The closest comparable sale, 4902 Parell PATH, Austin TX 78744 at an adjusted $266,400, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SOUTH HIGHLANDS. 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