2101 Rivers Edge WAY # 27, Austin TX 78741

After reviewing 7 recent transactions in RIVERSIDE VILLAS, I estimate this property's value at $453,889. A competitive list price for this home right now would fall in the $479,000 to $491,000 range. Relative to what's currently available in RIVERSIDE VILLAS, this home would be the 2nd most expensive of 4 comparable homes on the market. At 158 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. With 4 similar homes currently listed in RIVERSIDE VILLAS (a buyer's market), competition is a factor to consider. Prices in 78741 have fallen 10.3% over the last 6 months. A similar home at 2001 Faro DR # 34, Austin TX 78741 carries an adjusted comparable value of $415,242, providing a strong data point. The comp data here (7 sales in RIVERSIDE VILLAS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus