1402 Braes Ridge DR # A, Austin TX 78723

After reviewing 7 recent transactions in BRAES RIDGE, I estimate this property's value at $280,180. A competitive list price for this home right now would fall in the $197,000 to $207,000 range. This would position the home competitively among 7 active listings in BRAES RIDGE. The smaller lot (0.08 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 7 comparable homes in BRAES RIDGE; a buyer's market based on recent absorption. Prices in 78723 have fallen 0.5% over the last 6 months. A similar home at 5820 Berkman DR # 205, Austin TX 78723 carries an adjusted comparable value of $269,889, providing a strong data point. The comp data here (7 sales in BRAES RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus