5504 Ravine Ridge CV, Austin TX 78746

Taking into account 7 nearby comparable sales, this property's estimated value comes to $3,196,858. If we were to list this property today, I'd recommend a list price in the $4,253,000 to $4,883,000 range. Relative to what's currently available in 78746, this home would be the most affordable of 2 comparable homes on the market. At 523 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1998 (7 years older than comps) is factored into the value estimate. 2 similar homes are currently available in 78746, creating a balanced market for this price range. The 6 month price trend in 78746: risen 7.1%. The best comp here is 1101 Sprague LN, West Lake Hills TX 78746 at an adjusted value of $2,373,691, with a pool. The strength of this estimate comes from 7 directly comparable sales in 78746. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group