1181 Ridgeway DR, Austin TX 78702

The market data from 7 similar recent sales in HOMEWOOD HEIGHTS points to a value of approximately $621,093. To sell within a reasonable timeframe at fair market value, the $609,000 to $634,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in HOMEWOOD HEIGHTS. This home's smaller footprint (595 sqft vs the comp average) plays a role in how the market prices it. The 1940 construction puts this home 70 years older than the comp average, a factor in the pricing. The active market in HOMEWOOD HEIGHTS includes 7 comparable homes priced from $385,000 to $995,000. In HOMEWOOD HEIGHTS, home values have risen approximately 14.4% over the past 6 months. One of the strongest data points is 2604 Sol Wilson Ave, Austin TX 78702, adjusting to $555,173; with a smaller 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