16823 S Ridge LN, Austin TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $432,447. Based on how the local market is moving, a list price between $493,000 and $498,000 would position this home well. This home's position in the current BRILL ARNO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 18 years older than typical comps, the 1965 build date influences the valuation. The larger lot (3.38 acres versus the area average of 0.39) contributes to the valuation. With 7 similar homes currently listed in BRILL ARNO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78734: fallen 6%. The best comp here is 2108 Indian Creek RD, Austin TX 78734 at an adjusted value of $434,565, a strong comparable. The comp data here (7 sales in BRILL ARNO) 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