2302 Ridgeview ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,168,798. For a well positioned listing in HILL H, I'd target the $1,362,000 to $1,403,000 range. In the current HILL H market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1951 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.74 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HILL H; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 405 Ridgewood RD, Austin TX 78746, with an adjusted value of $1,403,180; with a smaller floor plan. 7 comparable transactions in HILL H 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