2632 Ravello Ridge DR, Austin TX 78735

The estimated value of this property is $3,481,804, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $3,377,000 and $3,586,000. Among the similar homes currently available in BARTON CREEK SEC, this price point stands out as competitive. The 1,717 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2001, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in BARTON CREEK SEC; a buyer's market based on recent absorption. Recent trends in BARTON CREEK SEC show home values have risen 6.3% since 6 months ago. The most comparable recent sale is 4333 Verano DR, Austin TX 78735, with an adjusted value of $2,989,662; with a smaller floor plan. With 3 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