113 Ridge Line, Austin TX 78737

The market data from 7 similar recent sales in LEDGE STONE points to a value of approximately $667,701. To sell within a reasonable timeframe at fair market value, the $762,000 to $778,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in LEDGE STONE. At 0.00 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LEDGE STONE; a balanced market based on recent absorption. In 78737, home values have fallen approximately 5.6% over the past 6 months. One of the strongest data points is 394 Ledge Stone DR, Austin TX 78737, adjusting to $579,798; a strong comparable. 7 comparable transactions in LEDGE STONE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group