2308 Ridgeview, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,464,315. For a well positioned listing in RIDGEVIEW WEST, I'd target the $1,735,000 to $1,853,000 range. Against 3 similar active listings in RIDGEVIEW WEST, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (300 sqft vs the comp average) plays a role in how the market prices it. At 0.39 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in RIDGEVIEW WEST; 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 2401 Homedale CIR, Austin TX 78704, with an adjusted value of $1,240,432; with a smaller floor plan. The 3 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