17007 South Ridge LN, Austin TX 78734

After reviewing 7 recent transactions in BRILL ARNO, I estimate this property's value at $301,022. A competitive list price for this home right now would fall in the $241,000 to $251,000 range. This home's position in the current BRILL ARNO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 46 years older than typical comps, the 1940 build date influences the valuation. The larger lot (1.01 acres versus the area average of 0.26) contributes to the valuation. Right now, 7 similar properties are competing for buyers in BRILL ARNO, listed between $250,000 and $1,400,000. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 2918 Ranch Road 620 N # T250, Austin TX 78734 carries an adjusted comparable value of $226,167, providing a strong data point. With 7 comparable sales in BRILL ARNO, 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