219 VAILCO LN, Austin TX 78738

The estimated value of this property is $1,487,123, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,654,000 and $1,682,000. In the current RIDGE ALTA VISTA market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 421 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.11 acre lot (larger than the 0.45 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RIDGE ALTA VISTA; a buyer's market based on recent absorption. Recent trends in RIDGE ALTA VISTA show home values have risen 21.3% since 6 months ago. The most comparable recent sale is 109 Burgess LN, Austin TX 78738, with an adjusted value of $1,445,900; with a smaller floor plan. Based on 7 relevant data points in RIDGE ALTA VISTA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX