104 Timber Ridge CV, Austin TX 78733

The estimated value of this property is $586,883, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $390,000 and $400,000. With 5 comparable homes on the market in WESTRIDGE ESTATES, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Being 116 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.48 acre lot (larger than the 0.36 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in WESTRIDGE ESTATES; a buyer's market based on recent absorption. Recent trends in 78733 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 100 N Tumbleweed TRL, Austin TX 78733, with an adjusted value of $541,272; with a larger floor plan. With 7 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