1204 Summit Edge DR, Austin TX 78732

After reviewing 4 recent transactions in RIVER RIDGE, I estimate this property's value at $626,837. A competitive list price for this home right now would fall in the $627,000 to $708,000 range. Buyers shopping in RIVER RIDGE right now would see this as a well positioned option among 2 comparable homes. The 270 sqft size difference versus comparable sales is reflected in the adjusted values. At 8 years older than typical comps, the 2001 build date influences the valuation. With 2 similar homes currently listed in RIVER RIDGE (a buyer's market), competition is a factor to consider. Prices in RIVER RIDGE have fallen 23.4% over the last 6 months. A similar home at 11712 Red Oak Valley LN, Austin TX 78732 carries an adjusted comparable value of $612,105, providing a strong data point. With 4 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