1810 Ridgemont DR, Austin TX 78723

Based on 5 closed sales in DELWOOD EAST, the data points to a value around $549,557 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $552,000 to $571,000. This home's position in the current DELWOOD EAST market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in DELWOOD EAST; a seller's market based on recent absorption. Market data shows DELWOOD EAST prices risen 1.2% over the last half year. The closest comparable sale, 5504 Mapleleaf DR, Austin TX 78723 at an adjusted $624,630, is with a larger floor plan. The strength of this estimate comes from 5 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