1102 Ridgecrest DR, Austin TX 78746

After reviewing 3 recent transactions in 78746, I estimate this property's value at $3,108,365. A competitive list price for this home right now would fall in the $6,152,000 to $6,792,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78746's current inventory. The smaller floor plan (342 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1996 build date influences the valuation. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. Prices in 78746 have risen 2.2% over the last 6 months. A similar home at 2102 N Oak Canyon RD, Austin TX 78746 carries an adjusted comparable value of $2,696,925, providing a strong data point. With 3 comparable sales in 78746, 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