1102 Ridgecrest DR, Austin TX 78746

After reviewing 4 recent transactions in WESTLAKE, I estimate this property's value at $3,028,804. A competitive list price for this home right now would fall in the $2,968,000 to $3,089,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in WESTLAKE's current inventory. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.00 acres versus the area average of 0.90) contributes to the valuation. 7 similar homes are currently available in WESTLAKE, creating a balanced market for this price range. Prices in 78746 have fallen 6% over the last 6 months. A similar home at 2102 N Oak Canyon RD, Austin TX 78746 carries an adjusted comparable value of $2,699,221, providing a strong data point. With 4 comparable sales in WESTLAKE, 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