7219 Running Rope, Austin TX 78731

The market data from 4 similar recent sales in HIGHLAND HILLS NORTHWEST points to a value of approximately $1,010,993. To sell within a reasonable timeframe at fair market value, the $563,000 to $573,000 range is where I'd position this. Against 7 similar active listings in HIGHLAND HILLS NORTHWEST, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 188 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 7 similar properties are competing for buyers in HIGHLAND HILLS NORTHWEST, listed between $547,000 and $1,365,000. In 78731, home values have fallen approximately 15.8% over the past 6 months. One of the strongest data points is 7201 Mesa DR, Austin TX 78731, adjusting to $805,508; with a larger floor plan. 4 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