1807 Cedar Ridge DR, Austin TX 78741

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,189,133. I'd recommend coming to market at $1,768,000 to $1,826,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in COLORADO HILLS ESTATES, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in COLORADO HILLS ESTATES, ranging from $1,650,000 to $2,150,000. The trend in 78741 shows prices have fallen 1.1% in the past 6 months. 1505 Summit ST, Austin TX 78741 nearby adjusts to $855,365; with a smaller floor plan. Based on 4 relevant data points in COLORADO HILLS ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX