1203 River Ridge DR, Austin TX 78732

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $798,623. I'd recommend coming to market at $410,000 to $420,000 to strike the right balance between value and market velocity. Among the similar homes currently available in RIVER RIDGE, this price point stands out as competitive. Being 292 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Buyers in RIVER RIDGE have 6 comparable options right now, with asking prices between $320,000 and $850,000. The trend in RIVER RIDGE shows prices have fallen 13.4% in the past 6 months. 309 El Socorro LN, Austin TX 78732 nearby adjusts to $651,543; with a larger floor plan and no pool. Based on 7 relevant data points in RIVER RIDGE, 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