4711 Red River ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $540,289. For a well positioned listing in RIDGETOP ANNEX, I'd target the $211,000 to $221,000 range. In the current RIDGETOP ANNEX market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in RIDGETOP ANNEX; a balanced market based on recent absorption. Recent trends in RIDGETOP ANNEX show home values have fallen 37.3% since 6 months ago. The most comparable recent sale is 305 E 50th ST, Austin TX 78751, with an adjusted value of $658,169; a strong comparable. 5 comparable transactions in RIDGETOP ANNEX 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