4604 Depew Ave, Austin TX 78751

The market data from 7 similar recent sales in RIDGETOP ANNEX points to a value of approximately $605,974. To sell within a reasonable timeframe at fair market value, the $335,000 to $345,000 range is where I'd position this. With 7 comparable homes on the market in RIDGETOP ANNEX, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1991 construction puts this home 42 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in RIDGETOP ANNEX; a buyer's market based on recent absorption. In RIDGETOP ANNEX, home values have fallen approximately 34.5% over the past 6 months. One of the strongest data points is 810 Keasbey ST, Austin TX 78751, adjusting to $788,718; 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