5806 Highland Hills DR, Austin TX 78731

Based on 4 closed sales in HIGHLAND HILLS, the data points to a value around $673,756 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $393,000 to $403,000. Relative to what's currently available in HIGHLAND HILLS, this home would be the most expensive of 7 comparable homes on the market. Being built in 1957 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.30 for the typical comp. With 7 similar homes currently listed in HIGHLAND HILLS (a seller's market), competition is a factor to consider. Market data shows HIGHLAND HILLS prices fallen 1.8% over the last half year. The closest comparable sale, 3514 Hillbrook DR, Austin TX 78731 at an adjusted $885,788, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in HIGHLAND HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group