10200 Falcon Ridge DR, Austin TX 78733

The market data from 5 similar recent sales in LAKE RIDGE ESTATES points to a value of approximately $1,006,351. To sell within a reasonable timeframe at fair market value, the $986,000 to $1,026,000 range is where I'd position this. Against 3 similar active listings in LAKE RIDGE ESTATES, this price point lands at the most affordable of 3 comparable homes on the market. The 378 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 5 of 5 comparable sales didn't include one. Current inventory shows 3 comparable homes in LAKE RIDGE ESTATES; a balanced market based on recent absorption. In 78733, home values have risen approximately 58.9% over the past 6 months. One of the strongest data points is 10109 Devereux DR, Austin TX 78733, adjusting to $1,402,490; with a smaller floor plan and no pool. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group