16904 Rocky Ridge RD, Austin TX 78734

After reviewing 7 recent transactions in JOLLY W, I estimate this property's value at $499,468. A competitive list price for this home right now would fall in the $405,000 to $415,000 range. This home's position in the current JOLLY W market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 32 years older than typical comps, the 1960 build date influences the valuation. The larger lot (1.19 acres versus the area average of 0.57) contributes to the valuation. 7 similar homes are currently available in JOLLY W, creating a buyer's market for this price range. Prices in 78734 have fallen 7% over the last 6 months. A similar home at 15803 Wildwood TRL, Austin TX 78734 carries an adjusted comparable value of $433,388, providing a strong data point. The comp data here (7 sales in JOLLY W) 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