Taking into account 3 nearby comparable sales, this property's estimated value comes to $1,042,007. If we were to list this property today, I'd recommend a list price in the $1,315,000 to $1,394,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in RIVER RIDGE's current inventory. This home's larger footprint (1,091 sqft vs the comp average) plays a role in how the market prices it. Being built in 1999 (5 years newer than comps) is factored into the value estimate. Buyers in RIVER RIDGE have 3 comparable options right now, with asking prices between $1,450,000 and $1,700,000. The 6 month price trend in RIVER RIDGE: fallen 0.1%. The best comp here is 1016 Merlene DR, Austin TX 78732 at an adjusted value of $867,752, with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
