3508 Ribbon Reef LN, Austin TX 78728

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $438,401. I'd recommend coming to market at $481,000 to $482,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in JACKS POND, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (138 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in JACKS POND, creating a balanced market for this price range. The trend in 78728 shows prices have fallen 0.7% in the past 6 months. 3101 Wavecrest BLVD, Austin TX 78728 nearby adjusts to $424,328; a strong comparable. 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