11500 Ridge DR, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $332,711. To generate strong buyer interest while maximizing value, I'd price this between $249,000 and $259,000. In the current SAN LEANNA ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1958 construction puts this home 41 years older than the comp average, a factor in the pricing. At 0.42 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 7 similar homes are currently available in SAN LEANNA ESTATES, creating a balanced market for this price range. The trend in 78748 shows prices have fallen 5.2% in the past 6 months. 647 W FM 1626, Austin TX 78748 nearby adjusts to $342,742; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group