1194 Ridge DR, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $420,151. For a well positioned listing in PROUTT WOODIE, I'd target the $408,000 to $433,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in PROUTT WOODIE. The 1953 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in PROUTT WOODIE; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1428 Webberville RD, Austin TX 78721, with an adjusted value of $410,451; a strong comparable. 4 comparable transactions in PROUTT WOODIE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group