5700 Trailridge DR, Austin TX 78731

The market data from 7 similar recent sales in HIGHLAND HILLS points to a value of approximately $877,979. To sell within a reasonable timeframe at fair market value, the $761,000 to $771,000 range is where I'd position this. With 5 comparable homes on the market in HIGHLAND HILLS, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 1957 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. 5 similar homes are currently available in HIGHLAND HILLS, creating a seller's market for this price range. In HIGHLAND HILLS, home values have risen approximately 30.9% over the past 6 months. One of the strongest data points is 3509 Hillbrook CIR, Austin TX 78731, adjusting to $644,604; a strong comparable. 7 comparable transactions in HIGHLAND HILLS 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