610 Highland Ave # 2, Austin TX 78703

After reviewing 7 recent transactions in TERRACE PARK, I estimate this property's value at $544,849. A competitive list price for this home right now would fall in the $363,000 to $373,000 range. This would position the home competitively among 7 active listings in TERRACE PARK. At 45 years older than typical comps, the 1920 build date influences the valuation. The larger lot (0.16 acres versus the area average of 0.04) contributes to the valuation. With 7 similar homes currently listed in TERRACE PARK (a buyer's market), competition is a factor to consider. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 1210 Windsor RD # 122, Austin TX 78703 carries an adjusted comparable value of $370,778, providing a strong data point. With 7 comparable sales in TERRACE PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group