5517 Avenue F, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $502,229. For a well positioned listing in HIGHLANDS, I'd target the $234,000 to $244,000 range. With 7 comparable homes on the market in HIGHLANDS, this price positions the property as the most expensive of 7 comparable homes on the market. At 133 sqft smaller than the typical comp, the size difference factors into the valuation. The 1948 construction puts this home 6 years newer than the comp average, a factor in the 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 risen 20% since 6 months ago. The most comparable recent sale is 5101 Avenue F, Austin TX 78751, with an adjusted value of $561,100; a strong comparable. The 3 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