1200 Terjo LN, Austin TX 78732

After reviewing 7 recent transactions in RIVER RIDGE, I estimate this property's value at $782,533. A competitive list price for this home right now would fall in the $819,000 to $821,000 range. Relative to what's currently available in RIVER RIDGE, this home would be the 3rd most expensive of 7 comparable homes on the market. At 144 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.32 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in RIVER RIDGE, ranging from $732,000 to $1,100,000. Prices in RIVER RIDGE have fallen 23.4% over the last 6 months. A similar home at 12501 Rush Creek LN, Austin TX 78732 carries an adjusted comparable value of $658,374, providing a strong data point. With 7 comparable sales in RIVER RIDGE, 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