5200 Ridge Oak DR, Austin TX 78731

The market data from 3 similar recent sales in HIGHLAND PARK WEST points to a value of approximately $1,527,213. To sell within a reasonable timeframe at fair market value, the $2,620,000 to $2,664,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK WEST. The 155 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. Current inventory shows 7 comparable homes in HIGHLAND PARK WEST; a balanced market based on recent absorption. In HIGHLAND PARK WEST, home values have fallen approximately 28.4% over the past 6 months. One of the strongest data points is 4901 Valley Oak DR, Austin TX 78731, adjusting to $1,573,686; with a larger floor plan. The 3 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