3812 Ridgelea DR # A, Austin TX 78731

Based on 3 closed sales in RIDGELEA COURT CONDO, the data points to a value around $777,306 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $575,000 to $585,000. This would position the home competitively among 6 active listings in RIDGELEA COURT CONDO. Being 127 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.10 for the typical comp. Current inventory shows 6 comparable homes in RIDGELEA COURT CONDO; a buyer's market based on recent absorption. Market data shows 78731 prices fallen 13.3% over the last half year. The closest comparable sale, 3612 Oakmont BLVD, Austin TX 78731 at an adjusted $777,691, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in RIDGELEA COURT CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group