1189 Ridgeway DR, Austin TX 78702

The estimated value of this property is $474,154, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $297,000 and $307,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in HOMEWOOD HEIGHTS. Being 687 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1953, this home is 31 years older than the average comp, which is reflected in the adjustments. 5 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 1181 Ridgeway DR, Austin TX 78702, with an adjusted value of $419,304; with a larger floor plan. 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