4105 Ridgelea DR, Austin TX 78731

My analysis of 4 comparable properties puts this home's estimated value at $1,023,549. Based on how the local market is moving, a list price between $993,000 and $1,054,000 would position this home well. Buyers shopping in RIDGELEA right now would see this as a well positioned option among 3 comparable homes. The larger lot (0.23 acres versus the area average of 0.18) contributes to the valuation. 3 similar homes are currently available in RIDGELEA, creating a balanced market for this price range. The 6 month price trend in RIDGELEA: risen 130.1%. The best comp here is 1802 W 34th ST, Austin TX 78703 at an adjusted value of $1,258,583, with a smaller floor plan. With 4 comparable sales in RIDGELEA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group