1808 W 39th ST # A, Austin TX 78731

After reviewing 3 recent transactions in RIDGELEA, I estimate this property's value at $892,027. A competitive list price for this home right now would fall in the $502,000 to $512,000 range. This would position the home competitively among 7 active listings in RIDGELEA. This home's smaller footprint (137 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.21 acres versus the area average of 0.15) contributes to the valuation. 7 similar homes are currently available in RIDGELEA, creating for this price range. Prices in RIDGELEA have risen 34.9% over the last 6 months. A similar home at 4413 Shoal Creek BLVD, Austin TX 78756 carries an adjusted comparable value of $987,583, providing a strong data point. With 3 comparable sales in RIDGELEA, 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