4102 Ridgelea DR, Austin TX 78731

The market data from 5 similar recent sales in RIDGELEA points to a value of approximately $1,422,915. To sell within a reasonable timeframe at fair market value, the $1,957,000 to $2,002,000 range is where I'd position this. Against 4 similar active listings in RIDGELEA, this price point lands at the 2nd least expensive of 4 comparable homes on the market. At 0.18 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in RIDGELEA, listed between $1,279,000 and $3,095,000. In 78731, home values have fallen approximately 15.1% over the past 6 months. One of the strongest data points is 4212 Ramsey Ave, Austin TX 78756, adjusting to $2,002,379; with a smaller floor plan. 5 comparable transactions in RIDGELEA 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