1302 Summit Edge, Austin TX 78732

My analysis of 7 comparable properties puts this home's estimated value at $864,343. Based on how the local market is moving, a list price between $933,000 and $946,000 would position this home well. This home's position in the current RIVER RIDGE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Having a pool is a plus; 3 of the 7 comps lacked one. The larger lot (0.32 acres versus the area average of 0.27) contributes to the valuation. 7 similar homes are currently available in RIVER RIDGE, creating a buyer's market for this price range. The 6 month price trend in RIVER RIDGE: fallen 23.4%. The best comp here is 1900 Val Verde DR, Austin TX 78732 at an adjusted value of $800,147, with no pool. 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