4503 Red River ST, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $707,860. Based on how the local market is moving, a list price between $284,000 and $294,000 would position this home well. This home's position in the current RIDGETOP ANNEX market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.15) contributes to the valuation. The active market in RIDGETOP ANNEX includes 7 comparable homes priced from $299,900 to $850,000. The 6 month price trend in RIDGETOP ANNEX: fallen 34.5%. The best comp here is 703 E 47th ST, Austin TX 78751 at an adjusted value of $572,216, with a larger floor plan. With 7 comparable sales in RIDGETOP ANNEX, 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