400 Ridgewood RD, Austin TX 78746

The market data from 7 similar recent sales in RIDGEWOOD points to a value of approximately $2,806,952. To sell within a reasonable timeframe at fair market value, the $4,761,000 to $4,861,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in RIDGEWOOD. This home's larger footprint (920 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. 6 similar homes are currently available in RIDGEWOOD, creating a buyer's market for this price range. In 78746, home values have risen approximately 2.2% over the past 6 months. One of the strongest data points is 18 N Peak RD, West Lake Hills TX 78746, adjusting to $2,980,223; with a smaller floor plan and no pool. 7 comparable transactions in RIDGEWOOD 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