11409 Ridge DR, Austin TX 78748

After reviewing 4 recent transactions in 78748, I estimate this property's value at $642,987. A competitive list price for this home right now would fall in the $733,000 to $763,000 range. Relative to what's currently available in 78748, this home would be the most affordable of 3 comparable homes on the market. The larger floor plan (839 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1999 build date influences the valuation. There are currently 3 similar homes on the market in 78748, ranging from $699,000 to $995,000. Prices in 78748 have fallen 4.7% over the last 6 months. A similar home at 2549 Lavendale CT, Austin TX 78748 carries an adjusted comparable value of $604,884, providing a strong data point. The comp data here (4 sales in 78748) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus