After reviewing 6 recent transactions in HIGHLAND PARK, I estimate this property's value at $305,378. A competitive list price for this home right now would fall in the $296,000 to $315,000 range. Relative to what's currently available in HIGHLAND PARK, this home would be the 3rd least expensive of 7 comparable homes on the market. At 5 years older than typical comps, the 2004 build date influences the valuation. Current inventory shows 7 comparable homes in HIGHLAND PARK; a buyer's market based on recent absorption. Prices in HIGHLAND PARK have fallen 2.7% over the last 6 months. A similar home at 17904 Glacier Bay ST, Pflugerville TX 78660 carries an adjusted comparable value of $274,271, providing a strong data point. With 6 comparable sales in HIGHLAND 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