602 HIGHLAND Ave Unit 2, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $844,480. To generate strong buyer interest while maximizing value, I'd price this between $1,439,000 and $1,481,000. In the current TERRACE PARK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1920 construction puts this home 48 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. Buyers in TERRACE PARK have 7 comparable options right now, with asking prices between $1,345,000 and $1,995,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1111 W 12th ST # 120, Austin TX 78703 nearby adjusts to $865,548; with a larger floor plan. 7 comparable transactions in TERRACE PARK 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