5724 Highland HLS, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $993,154. For a well positioned listing in 78731, I'd target the $763,000 to $773,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in 78731. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. With 4 similar homes currently listed in 78731 (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 6.3% since 6 months ago. The most comparable recent sale is 3415 Shinoak DR, Austin TX 78731, with an adjusted value of $1,213,548; a strong comparable. The 7 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