10101 Falcon Ridge DR, Austin TX 78733

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $794,227. I'd recommend coming to market at $840,000 to $950,000 to strike the right balance between value and market velocity. In the current LAKE RIDGE ESTATES market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 137 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1979, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in LAKE RIDGE ESTATES; a balanced market based on recent absorption. The trend in 78733 shows prices have risen 44.2% in the past 6 months. 1215 Olympus DR, Austin TX 78733 nearby adjusts to $784,068; a strong comparable. With 6 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