101 N Laurelwood, Austin TX 78733

My analysis of 3 comparable properties puts this home's estimated value at $785,600. Based on how the local market is moving, a list price between $607,000 and $617,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in LAKE RIDGE ESTATES's current inventory. The larger floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years older than typical comps, the 1995 build date influences the valuation. Current inventory shows 7 comparable homes in LAKE RIDGE ESTATES; a buyer's market based on recent absorption. The 6 month price trend in 78733: fallen 12.3%. The best comp here is 2812 Saratoga DR, Austin TX 78733 at an adjusted value of $844,716, with a smaller floor plan. With 3 comparable sales in LAKE RIDGE ESTATES, 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