5817 Loblolly LN, Austin TX 78744

After reviewing 5 recent transactions in ARBOR RIDGE, I estimate this property's value at $319,388. A competitive list price for this home right now would fall in the $310,000 to $329,000 range. This home's position in the current ARBOR RIDGE market: the most affordable of 3 comparable homes on the market among comparable properties. The larger floor plan (444 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. There are currently 3 similar homes on the market in ARBOR RIDGE, ranging from $365,000 to $440,000. Prices in 78744 have risen 3.4% over the last 6 months. A similar home at 5424 Juniper Junction LN, Austin TX 78744 carries an adjusted comparable value of $316,500, providing a strong data point. With 5 comparable sales in ARBOR RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group