1416 Verdana DR, Austin TX 78753

My analysis of 5 comparable properties puts this home's estimated value at $362,964. Based on how the local market is moving, a list price between $299,000 and $309,000 would position this home well. This home's position in the current RETREAT TECH RIDGE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2016 build date influences the valuation. Current inventory shows 7 comparable homes in RETREAT TECH RIDGE; a buyer's market based on recent absorption. The 6 month price trend in 78753: risen 0%. The best comp here is 1716 Arial DR, Austin TX 78753 at an adjusted value of $386,654, with a smaller floor plan. With 5 comparable sales in RETREAT TECH 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