1503 RIDGECREST DR, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,693,999. I'd recommend coming to market at $2,633,000 to $2,726,000 to strike the right balance between value and market velocity. In the current WESTLAKE HIGHLANDS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 524 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 1 of 7 comparable homes not offering one. There are currently 7 similar homes on the market in WESTLAKE HIGHLANDS, ranging from $2,250,000 to $3,795,000. The trend in WESTLAKE HIGHLANDS shows prices have fallen 25.4% in the past 6 months. 914 Calithea RD, West Lake Hills TX 78746 nearby adjusts to $1,522,506; with a smaller floor plan and no pool. Based on 7 relevant data points in WESTLAKE HIGHLANDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX