The comparable sales data (4 recent transactions in RIDGEOP ANX) supports an estimated value of $759,306. The data suggests a list price between $815,000 and $1,148,000 would attract qualified buyers without leaving money on the table. Buyers shopping in RIDGEOP ANX right now would see this as a well positioned option among 3 comparable homes. Being built in 2010 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.11 for the typical comp. Buyers in RIDGEOP ANX have 3 comparable options right now, with asking prices between $750,000 and $1,525,000. Prices in 78751 have risen 5.8% over the last 6 months. A similar home at 4529 Speedway # B, Austin TX 78751 carries an adjusted comparable value of $766,746, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in RIDGEOP ANX. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group