705 Highland Ave, Austin TX 78703

The estimated value of this property is $1,892,966, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,541,000 and $1,551,000. Among the similar homes currently available in TERRACE PARK, this price point stands out as competitive. Built in 1912, this home is 66 years older than the average comp, which is reflected in the adjustments. The 0.09 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in TERRACE PARK, ranging from $1,390,000 to $3,350,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1111 W 12th ST # 118, Austin TX 78703, with an adjusted value of $1,615,215; a strong comparable. Based on 7 relevant data points in TERRACE PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX