3308 Riva Ridge RD, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,560,226. For a well positioned listing in DAVENPORT RANCH, I'd target the $940,000 to $950,000 range. With 5 comparable homes on the market in DAVENPORT RANCH, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 1,553 sqft smaller than the typical comp, the size difference factors into the valuation. The 1984 construction puts this home 9 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in DAVENPORT RANCH (a balanced market), competition is a factor to consider. Recent trends in DAVENPORT RANCH show home values have risen 43.6% since 6 months ago. The most comparable recent sale is 6104 Carry Back LN, Austin TX 78746, with an adjusted value of $1,372,966; with a smaller floor plan. 7 comparable transactions in DAVENPORT RANCH 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