5501 Ravine Ridge CV, Austin TX 78746

Based on 3 closed sales in 78746, the data points to a value around $3,284,024 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,827,000 to $4,277,000. This would position the home competitively among 4 active listings in 78746. The larger floor plan (479 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.01 acres versus 0.86 for the typical comp. With 4 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Market data shows 78746 prices risen 25.8% over the last half year. The closest comparable sale, 2005 FAR GALLANT DR, Austin TX 78746 at an adjusted $3,826,955, is with a larger floor plan and a pool. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus