1001 E 53rd ST, Austin TX 78751

Based on 3 closed sales in RIDGETOP, the data points to a value around $644,297 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $263,000 to $273,000. Buyers shopping in RIDGETOP right now would see this as a well positioned option among 7 comparable homes. Being built in 1928 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.17 for the typical comp. Right now, 7 similar properties are competing for buyers in RIDGETOP, listed between $280,000 and $725,000. Market data shows RIDGETOP prices risen 11.3% over the last half year. The closest comparable sale, 4901 Avenue F, Austin TX 78751 at an adjusted $694,029, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus