7 recent sales within a few blocks of this address suggest a current value of $1,149,920. My recommended list price range for this property would be $2,163,000 to $2,204,000. With 7 comparable homes on the market in RIDGE ALTA VISTA, this price positions the property as the most affordable of 7 comparable homes on the market. This home's larger footprint (1,278 sqft vs the comp average) plays a role in how the market prices it. The 0.26 acre lot (smaller than the 0.38 acre average) is reflected in the estimate. 7 similar homes are currently available in RIDGE ALTA VISTA, creating a balanced market for this price range. In RIDGE ALTA VISTA, home values have risen approximately 9.4% over the past 6 months. One of the strongest data points is 117 Vailco LN, Austin TX 78738, adjusting to $1,028,877; 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
