3401 Ribbon Reef LN, Austin TX 78728

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $479,971. I'd recommend coming to market at $413,000 to $423,000 to strike the right balance between value and market velocity. Against 7 similar active listings in JACKS POND, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (130 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in JACKS POND; a balanced market based on recent absorption. The trend in 78728 shows prices have fallen 0.7% in the past 6 months. 3101 Wavecrest BLVD, Austin TX 78728 nearby adjusts to $451,649; with a smaller 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