1165 RIDGEWAY DR, Austin TX 78702

The estimated value of this property is $570,467, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $656,000 and $756,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in HOMEWOOD HEIGHTS. This home's smaller footprint (142 sqft vs the comp average) plays a role in how the market prices it. The 0.14 acre lot (larger than the 0.08 acre average) is reflected in the estimate. 3 similar homes are currently available in HOMEWOOD HEIGHTS, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1167 Bedford ST # 1, Austin TX 78702, with an adjusted value of $755,544; a strong comparable. Based on 7 relevant data points in HOMEWOOD HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX