11505 Ridge DR, Austin TX 78748

The estimated value of this property is $458,374, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $293,000 and $303,000. With 7 comparable homes on the market in SAN LEANNA ESTATES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1956, this home is 37 years older than the average comp, which is reflected in the adjustments. The 0.90 acre lot (larger than the 0.83 acre average) is reflected in the estimate. The active market in SAN LEANNA ESTATES includes 7 comparable homes priced from $280,000 to $650,000. Recent trends in 78748 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 11613 Sunset DR, Austin TX 78748, with an adjusted value of $568,323; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group