The comparable sales data (3 recent transactions in RIDGEOP ANX) supports an estimated value of $884,328. The data suggests a list price between $374,000 and $384,000 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 7 comparable homes. At 180 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2010 (5 years older than comps) is factored into the value estimate. Buyers in RIDGEOP ANX have 7 comparable options right now, with asking prices between $350,000 and $1,450,000. Prices in 78751 have fallen 14.2% over the last 6 months. A similar home at 4404 Clarkson Ave, Austin TX 78751 carries an adjusted comparable value of $761,425, providing a strong data point. The strength of this estimate comes from 3 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