5401 Ridge Oak DR, Austin TX 78731

After reviewing 7 recent transactions in HIGHLAND PARK WEST, I estimate this property's value at $2,086,915. A competitive list price for this home right now would fall in the $1,446,000 to $1,456,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in HIGHLAND PARK WEST's current inventory. Being 498 sqft larger than the average comparable sale in this area impacts the per square foot value. At 37 years older than typical comps, the 1955 build date influences the valuation. There are currently 7 similar homes on the market in HIGHLAND PARK WEST, ranging from $1,299,000 to $4,250,000. Prices in HIGHLAND PARK WEST have fallen 44.8% over the last 6 months. A similar home at 4801 Balcones DR, Austin TX 78731 carries an adjusted comparable value of $2,029,753, providing a strong data point. With 7 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