1186 Ridgeway DR, Austin TX 78702

The comparable sales data (7 recent transactions in HOMEWOOD HEIGHTS) supports an estimated value of $527,589. The data suggests a list price between $757,000 and $800,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in HOMEWOOD HEIGHTS. Being built in 1940 (75 years older than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.08 for the typical comp. Right now, 7 similar properties are competing for buyers in HOMEWOOD HEIGHTS, listed between $599,000 and $884,000. Prices in 78702 have fallen 2.9% over the last 6 months. A similar home at 2801 Goodwin Ave # B, Austin TX 78702 carries an adjusted comparable value of $427,549, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HOMEWOOD HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group