4512 Depew Ave, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $1,192,953. For a well positioned listing in RIDGETOP ANNEX, I'd target the $1,386,000 to $1,418,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGETOP ANNEX. At 133 sqft larger than the typical comp, the size difference factors into the valuation. The 1947 construction puts this home 11 years newer than the comp average, a factor in the pricing. Buyers in RIDGETOP ANNEX have 7 comparable options right now, with asking prices between $995,000 and $1,650,000. Recent trends in RIDGETOP ANNEX show home values have fallen 22.5% since 6 months ago. The most comparable recent sale is 3209 Liberty ST, Austin TX 78705, with an adjusted value of $951,190; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group