2417 Rockridge DR, Austin TX 78744

The estimated value of this property is $187,844, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $236,000 and $242,000. With 6 comparable homes on the market in INDIAN HILLS REV, this price positions the property as the most affordable of 6 comparable homes on the market. Being 402 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1973, this home is 9 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in INDIAN HILLS REV (a buyer's market), competition is a factor to consider. Recent trends in 78744 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 2302 Rockridge DR, Austin TX 78744, with an adjusted value of $176,712; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group