5913 Highland Hills DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $820,126. To generate strong buyer interest while maximizing value, I'd price this between $561,000 and $571,000. In the current 78731 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 1975 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78731; a buyer's market based on recent absorption. The trend in 78731 shows prices have fallen 12.9% in the past 6 months. 3514 Highland View DR, Austin TX 78731 nearby adjusts to $1,244,947; a strong comparable. 4 comparable transactions in 78731 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