7109 Mesa DR, Austin TX 78731

The market data from 3 similar recent sales in HIGHLAND HILLS NORTHWEST points to a value of approximately $1,188,856. To sell within a reasonable timeframe at fair market value, the $1,355,000 to $1,406,000 range is where I'd position this. Among the similar homes currently available in HIGHLAND HILLS NORTHWEST, this price point stands out as competitive. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. With 3 similar homes currently listed in HIGHLAND HILLS NORTHWEST (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 4203 Far West BLVD, Austin TX 78731, adjusting to $801,438; a strong comparable. 3 comparable transactions in HIGHLAND HILLS NORTHWEST 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