5605 Caprice DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $881,710. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $663,000 to $673,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK WEST. At 0.19 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. With 5 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 39.3% since 6 months ago. The most comparable recent sale is 3506 Lakeland DR, Austin TX 78731, with an adjusted value of $1,104,486; with a larger floor plan. 7 comparable transactions in HIGHLAND PARK WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group