4104 Ridgeline DR, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $593,509. I'd recommend coming to market at $465,000 to $475,000 to strike the right balance between value and market velocity. In the current TRAILS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (117 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1974, this home is 7 years older than the average comp, which is reflected in the adjustments. Buyers in TRAILS have 3 comparable options right now, with asking prices between $499,000 and $575,000. The trend in TRAILS shows prices have fallen 1.2% in the past 6 months. 3704 Williamsburg CIR, Austin TX 78731 nearby adjusts to $640,963; with a smaller floor plan. Based on 3 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