4001 Ridgeline DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $490,867. To generate strong buyer interest while maximizing value, I'd price this between $337,000 and $347,000. With 6 comparable homes on the market in TRAILS, this price positions the property as the most expensive of 6 comparable homes on the market. The 1974 construction puts this home 6 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in TRAILS (a buyer's market), competition is a factor to consider. The trend in TRAILS shows prices have risen 12.3% in the past 6 months. 7907 Tealwood TRL, Austin TX 78731 nearby adjusts to $432,058; with a smaller floor plan. 3 comparable transactions in TRAILS 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