5102 Ridge Oak DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,022,915. To generate strong buyer interest while maximizing value, I'd price this between $790,000 and $800,000. In the current HIGHLAND PARK WEST market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 0.64 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. The active market in HIGHLAND PARK WEST includes 7 comparable homes priced from $725,000 to $1,595,000. The trend in HIGHLAND PARK WEST shows prices have fallen 21.2% in the past 6 months. 3506 Lakeland DR, Austin TX 78731 nearby adjusts to $1,233,812; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group