1419 Braes Ridge DR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $585,782. Based on how the local market is moving, a list price between $335,000 and $345,000 would position this home well. This pricing would rank the home as the most expensive of 6 comparable homes on the market in 78723's current inventory. The smaller lot (0.17 acres versus the area average of 0.20) contributes to the valuation. The active market in 78723 includes 6 comparable homes priced from $389,700 to $710,000. The 6 month price trend in 78723: risen 1.5%. The best comp here is 1601 Ashberry DR, Austin TX 78723 at an adjusted value of $612,803, a strong comparable. With 7 comparable sales in 78723, 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