541 NATALI ST, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $400,473. I'd recommend coming to market at $420,000 to $432,000 to strike the right balance between value and market velocity. In the current PARK RIDGE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 187 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in PARK RIDGE; a balanced market based on recent absorption. The trend in PARK RIDGE shows prices have fallen 4.5% in the past 6 months. 501 Shep ST, Austin TX 78748 nearby adjusts to $377,480; a strong comparable. Based on 7 relevant data points in PARK RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX