4615 Depew Ave, Austin TX 78751

Taking into account 4 nearby comparable sales, this property's estimated value comes to $873,044. If we were to list this property today, I'd recommend a list price in the $1,202,000 to $1,325,000 range. Buyers shopping in RIDGETOP ANNEX right now would see this as a well positioned option among 7 comparable homes. Being 185 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.12 acres versus 0.09 for the typical comp. Current inventory shows 7 comparable homes in RIDGETOP ANNEX; a buyer's market based on recent absorption. The 6 month price trend in RIDGETOP ANNEX: fallen 34.5%. The best comp here is 104 W 45 ST, Austin TX 78751 at an adjusted value of $881,697, with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in RIDGETOP ANNEX. 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