3512 Riva Ridge RD, Austin TX 78746

The market data from 7 similar recent sales in 78746 points to a value of approximately $3,732,885. To sell within a reasonable timeframe at fair market value, the $2,506,000 to $2,516,000 range is where I'd position this. Among the similar homes currently available in 78746, this price point stands out as competitive. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.70 acres, the lot is smaller than the 0.86 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. In 78746, home values have fallen approximately 4.4% over the past 6 months. One of the strongest data points is 4209 Dunning LN, Austin TX 78746, adjusting to $2,579,431; with a larger floor plan and a pool. 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