4100 Ridgeline, Austin TX 78731

The estimated value of this property is $485,247, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $378,000 and $388,000. In the current TRAILS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1974, this home is 9 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in TRAILS; a buyer's market based on recent absorption. Recent trends in TRAILS show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 7907 Tealwood TRL, Austin TX 78731, with an adjusted value of $384,130; a strong comparable. Based on 7 relevant data points in TRAILS, 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