1422 RIDGEMONT DR, Austin TX 78723

After reviewing 7 recent transactions in DELWOOD SEC, I estimate this property's value at $413,801. A competitive list price for this home right now would fall in the $505,000 to $510,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in DELWOOD SEC's current inventory. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in DELWOOD SEC; a balanced market based on recent absorption. Prices in DELWOOD SEC have risen 76.2% over the last 6 months. A similar home at 1610 Corona DR, Austin TX 78723 carries an adjusted comparable value of $516,998, providing a strong data point. The comp data here (7 sales in DELWOOD SEC) 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