1806 Cedar Ridge DR, Austin TX 78741

The market data from 6 similar recent sales in COLORADO HILLS ESTATES points to a value of approximately $1,156,001. To sell within a reasonable timeframe at fair market value, the $1,715,000 to $1,832,000 range is where I'd position this. Against 7 similar active listings in COLORADO HILLS ESTATES, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1975 construction puts this home 7 years newer than the comp average, a factor in the pricing. Buyers in COLORADO HILLS ESTATES have 7 comparable options right now, with asking prices between $1,050,000 and $1,850,000. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1505 Summit ST, Austin TX 78741, adjusting to $886,585; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group