1409 Ridgemont DR, Austin TX 78723

Based on 7 closed sales in DELWOOD SEC, the data points to a value around $481,007 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $280,000 to $290,000. This home's position in the current DELWOOD SEC market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.22 acres versus 0.18 for the typical comp. Buyers in DELWOOD SEC have 4 comparable options right now, with asking prices between $280,000 and $592,500. Market data shows DELWOOD SEC prices fallen 50.7% over the last half year. The closest comparable sale, 1317 Corona DR, Austin TX 78723 at an adjusted $527,131, is a strong comparable. This estimate draws on 7 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