17103 Majestic Ridge RD, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $971,290. Based on how the local market is moving, a list price between $769,000 and $779,000 would position this home well. This home's position in the current MAJESTIC HILLS RANCHETTES market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 12 years older than typical comps, the 1995 build date influences the valuation. The larger lot (1.39 acres versus the area average of 0.33) contributes to the valuation. 7 similar homes are currently available in MAJESTIC HILLS RANCHETTES, creating a buyer's market for this price range. The 6 month price trend in 78738: fallen 2.4%. The best comp here is 713 Sunfish ST, Lakeway TX 78734 at an adjusted value of $953,015, with a smaller floor plan. With 7 comparable sales in MAJESTIC HILLS RANCHETTES, 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