3816 B Ridgelea, Austin TX 78731

The estimated value of this property is $875,037, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $583,000 and $593,000. Against 7 similar active listings in RIDGELEA, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. With 7 similar homes currently listed in RIDGELEA (a buyer's market), competition is a factor to consider. Recent trends in RIDGELEA show home values have risen 34.9% since 6 months ago. The most comparable recent sale is 3612 Oakmont BLVD, Austin TX 78731, with an adjusted value of $789,870; a strong comparable. With 3 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