215 Varco DR, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,031,494. To generate strong buyer interest while maximizing value, I'd price this between $785,000 and $795,000. In the current RIDGE ALTA VISTA market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 100 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.37 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. With 3 similar homes currently listed in RIDGE ALTA VISTA (a balanced market), competition is a factor to consider. The trend in RIDGE ALTA VISTA shows prices have risen 9.4% in the past 6 months. 307 Hensley DR, Austin TX 78738 nearby adjusts to $1,001,908; with a smaller floor plan. 7 comparable transactions in RIDGE ALTA VISTA 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