201 Shep ST, Austin TX 78748

The market data from 7 similar recent sales in PARK RIDGE points to a value of approximately $404,250. To sell within a reasonable timeframe at fair market value, the $291,000 to $301,000 range is where I'd position this. With 7 comparable homes on the market in PARK RIDGE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. Buyers in PARK RIDGE have 7 comparable options right now, with asking prices between $249,900 and $489,900. In PARK RIDGE, home values have fallen approximately 9.5% over the past 6 months. One of the strongest data points is 8858 Taline CIR, Austin TX 78748, adjusting to $427,902; with no pool. 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