404 Ridgewood RD, Austin TX 78746

The estimated value of this property is $2,885,137, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $3,618,000 and $3,969,000. Against 7 similar active listings in RIDGEWOOD, this price point lands at the most affordable of 7 comparable homes on the market. At 600 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2015, this home is 6 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in RIDGEWOOD, creating a balanced market for this price range. Recent trends in 78746 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 18 N Peak RD, West Lake Hills TX 78746, with an adjusted value of $2,659,174; with a smaller floor plan. Based on 7 relevant data points in RIDGEWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX