1802 Ridgemont DR, Austin TX 78723

Based on 7 closed sales in DELWOOD EAST, the data points to a value around $637,631 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $482,000 to $492,000. Buyers shopping in DELWOOD EAST right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.35 acres versus 0.22 for the typical comp. The active market in DELWOOD EAST includes 7 comparable homes priced from $475,000 to $985,000. Market data shows DELWOOD EAST prices fallen 3.6% over the last half year. The closest comparable sale, 5701 Westminster DR, Austin TX 78723 at an adjusted $611,844, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DELWOOD EAST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group