1813 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 $1,173,710. I'd recommend coming to market at $1,854,000 to $1,903,000 to strike the right balance between value and market velocity. In the current COLORADO HILLS ESTATES market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 211 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1975, this home is 5 years newer than the average comp, which is reflected in the adjustments. Buyers in COLORADO HILLS ESTATES have 7 comparable options right now, with asking prices between $1,650,000 and $1,950,000. The trend in 78741 shows prices have fallen 1.1% in the past 6 months. 2301 EAST SIDE DR, Austin TX 78704 nearby adjusts to $1,110,705; with a smaller floor plan. Based on 6 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