3512 Riva Ridge RD, Austin TX 78746

The market data from 7 similar recent sales in 78746 points to a value of approximately $3,620,342. To sell within a reasonable timeframe at fair market value, the $2,209,000 to $2,219,000 range is where I'd position this. Among the similar homes currently available in 78746, this price point stands out as competitive. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. The 1984 construction puts this home 5 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. In 78746, home values have risen approximately 17.1% over the past 6 months. One of the strongest data points is 2917 Westlake CV, Austin TX 78746, adjusting to $6,190,912; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group