5101 Ridge Oak DR, Austin TX 78731

My analysis of 5 comparable properties puts this home's estimated value at $1,044,741. Based on how the local market is moving, a list price between $895,000 and $905,000 would position this home well. Relative to what's currently available in HIGHLAND PARK WEST, this home would be the 3rd most expensive of 7 comparable homes on the market. The larger lot (0.47 acres versus the area average of 0.33) contributes to the valuation. Buyers in HIGHLAND PARK WEST have 7 comparable options right now, with asking prices between $839,000 and $1,225,000. The 6 month price trend in HIGHLAND PARK WEST: fallen 28.4%. The best comp here is 4804 Balcones DR, Austin TX 78731 at an adjusted value of $1,044,117, with a larger floor plan. With 5 comparable sales in HIGHLAND PARK WEST, 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