1181 Ridgeway DR, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $432,813. Based on how the local market is moving, a list price between $350,000 and $360,000 would position this home well. This would position the home competitively among 6 active listings in HOMEWOOD HEIGHTS. Being 112 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 56 years older than typical comps, the 1940 build date influences the valuation. 6 similar homes are currently available in HOMEWOOD HEIGHTS, creating a buyer's market for this price range. The 6 month price trend in 78702: fallen 5.2%. The best comp here is 1181 Ridgeway DR, Austin TX 78702 at an adjusted value of $460,000, a strong comparable. With 7 comparable sales in HOMEWOOD HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group