1402 Valleyridge CIR # B, Austin TX 78704

The market data from 7 similar recent sales in SOUTHRIDGE points to a value of approximately $365,660. To sell within a reasonable timeframe at fair market value, the $316,000 to $326,000 range is where I'd position this. Against 6 similar active listings in SOUTHRIDGE, this price point lands at the most expensive of 6 comparable homes on the market. The 1972 construction puts this home 7 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in SOUTHRIDGE, creating a buyer's market for this price range. In SOUTHRIDGE, home values have fallen approximately 83.7% over the past 6 months. One of the strongest data points is 407 Westmorland DR, Austin TX 78745, adjusting to $362,658; a strong comparable. 7 comparable transactions in SOUTHRIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group