5607 RIDGE OAK DR, Austin TX 78731

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $898,261. Pricing this home between $752,000 and $762,000 would put it in the competitive sweet spot for 78731. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in 78731's current inventory. The smaller lot (0.00 acres versus the area average of 0.29) contributes to the valuation. The active market in 78731 includes 5 comparable homes priced from $675,000 to $1,050,000. Market data shows 78731 prices risen 11.7% over the last half year. The closest comparable sale, 6000 Mountainclimb DR, Austin TX 78731 at an adjusted $1,045,506, is a strong comparable. The comp data here (7 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus