4604 Ridge Oak DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,087,211. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $1,832,000 to $1,985,000 range. In the current HIGHLAND PARK WEST market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 322 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1949 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HIGHLAND PARK WEST; a balanced market based on recent absorption. Recent trends in HIGHLAND PARK WEST show home values have fallen 28.4% since 6 months ago. The most comparable recent sale is 5202 Balcones DR, Austin TX 78731, with an adjusted value of $681,151; with a smaller floor plan. 3 comparable transactions in HIGHLAND PARK WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group