The market data from 7 similar recent sales in SCOFIELD RIDGE CONDO points to a value of approximately $267,865. To sell within a reasonable timeframe at fair market value, the $263,000 to $273,000 range is where I'd position this. With 4 comparable homes on the market in SCOFIELD RIDGE CONDO, this price positions the property as the most expensive of 4 comparable homes on the market. Being 120 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 4 similar properties are competing for buyers in SCOFIELD RIDGE CONDO, listed between $199,999 and $299,000. In SCOFIELD RIDGE CONDO, home values have risen approximately 5.3% over the past 6 months. One of the strongest data points is 1900 Scofield Ridge PKWY # 6302, Austin TX 78727, adjusting to $275,507; a strong comparable. The 7 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
