4613 Ribbecke Ave, Austin TX 78721

My analysis of 7 comparable properties puts this home's estimated value at $460,635. Based on how the local market is moving, a list price between $270,000 and $280,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in CEDAR VALLEY's current inventory. At 11 years older than typical comps, the 1951 build date influences the valuation. The larger lot (0.26 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 6 comparable homes in CEDAR VALLEY; a buyer's market based on recent absorption. The 6 month price trend in CEDAR VALLEY: risen 15.7%. The best comp here is 4607 Kitty Ave, Austin TX 78721 at an adjusted value of $395,060, a strong comparable. With 7 comparable sales in CEDAR VALLEY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group