5500 Mulberry Mist CT, Austin TX 78744

The market data from 7 similar recent sales in ARBOR RIDGE CONDO points to a value of approximately $318,659. To sell within a reasonable timeframe at fair market value, the $246,000 to $256,000 range is where I'd position this. In the current ARBOR RIDGE CONDO market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2014 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. The active market in ARBOR RIDGE CONDO includes 7 comparable homes priced from $230,000 to $389,999. In 78744, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 5417 Falling Leaf LN, Austin TX 78744, adjusting to $299,000; a strong comparable. 7 comparable transactions in ARBOR RIDGE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group