3901 Ridgelea DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $705,966. To generate strong buyer interest while maximizing value, I'd price this between $765,000 and $818,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in RIDGELEA. The smaller floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in RIDGELEA includes 3 comparable homes priced from $765,000 to $995,000. The trend in 78731 shows prices have fallen 15.8% in the past 6 months. 1303 Harriet CT # B, Austin TX 78756 nearby adjusts to $591,567; a strong comparable. 3 comparable transactions in RIDGELEA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group