7306 Running Rope, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,181,125. I'd recommend coming to market at $898,000 to $908,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in HIGHLAND HILLS NORTHWEST, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The pool is a standout feature, with 5 of 7 comparable homes not offering one. The 0.31 acre lot (larger than the 0.27 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in HIGHLAND HILLS NORTHWEST, ranging from $850,000 to $1,300,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3924 Sierra DR, Austin TX 78731 nearby adjusts to $1,199,781; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group