5601 Ridge Oak DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,569,152. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $1,659,000 to $1,806,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in HIGHLAND PARK WEST. At 0.42 acres, the lot is smaller than the 0.48 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in HIGHLAND PARK WEST, listed between $1,550,000 and $1,750,000. Recent trends in HIGHLAND PARK WEST show home values have fallen 21.2% since 6 months ago. The most comparable recent sale is 4715 Highland TER, Austin TX 78731, with an adjusted value of $1,324,793; a strong comparable. 3 comparable transactions in HIGHLAND PARK WEST 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