4000 Idlewild RD, Austin TX 78731

After reviewing 7 recent transactions in RIDGELEA, I estimate this property's value at $497,397. A competitive list price for this home right now would fall in the $280,000 to $290,000 range. This would position the home competitively among 7 active listings in RIDGELEA. At 369 sqft smaller than the typical comp, the size difference factors into the valuation. At 16 years older than typical comps, the 1948 build date influences the valuation. With 7 similar homes currently listed in RIDGELEA (a buyer's market), competition is a factor to consider. Prices in RIDGELEA have risen 39.8% over the last 6 months. A similar home at 3800 Petes PATH, Austin TX 78731 carries an adjusted comparable value of $1,279,500, providing a strong data point. The comp data here (7 sales in RIDGELEA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus