Based on 3 closed sales in RIDGE ALTA VISTA, the data points to a value around $791,553 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $814,000 to $892,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in RIDGE ALTA VISTA's current inventory. At 332 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 3 similar properties are competing for buyers in RIDGE ALTA VISTA, listed between $764,500 and $985,000. Market data shows RIDGE ALTA VISTA prices risen 9.4% over the last half year. The closest comparable sale, 117 N Whitley DR, Austin TX 78738 at an adjusted $814,362, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in RIDGE ALTA VISTA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
