5805 Overlook DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,080,920. To generate strong buyer interest while maximizing value, I'd price this between $1,048,000 and $1,113,000. In the current HIGHLAND HILLS market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 0.25 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in HIGHLAND HILLS; a seller's market based on recent absorption. The trend in HIGHLAND HILLS shows prices have risen 30.9% in the past 6 months. 5700 Trailridge DR, Austin TX 78731 nearby adjusts to $1,195,483; with a smaller floor plan. 3 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