3011 Sunridge DR, Austin TX 78741

The market data from 7 similar recent sales in SUNRIDGE PARK points to a value of approximately $792,237. To sell within a reasonable timeframe at fair market value, the $465,000 to $475,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in SUNRIDGE PARK. This home's larger footprint (246 sqft vs the comp average) plays a role in how the market prices it. The 2013 construction puts this home 17 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in SUNRIDGE PARK, creating a buyer's market for this price range. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1500 Summit ST # 4, Austin TX 78741, adjusting to $938,300; a strong comparable. 7 comparable transactions in SUNRIDGE PARK 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