1908 Cedar Ridge DR, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $1,027,625. For a well positioned listing in COLORADO HILLS ESTATES, I'd target the $716,000 to $726,000 range. Against 7 similar active listings in COLORADO HILLS ESTATES, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 143 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1972 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COLORADO HILLS ESTATES; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 1803 Cedar Ridge DR, Austin TX 78741, with an adjusted value of $887,760; a strong comparable. 3 comparable transactions in COLORADO HILLS ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group