4004 Ridgeline DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $580,497. I'd recommend coming to market at $666,000 to $680,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78731, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1974, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78731, ranging from $449,000 to $849,000. The trend in 78731 shows prices have fallen 15.8% in the past 6 months. 8125 Forest Mesa DR, Austin TX 78759 nearby adjusts to $579,906; with a smaller floor plan. With 4 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