5920 Red Bud Ridge LN, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $318,164. For a well positioned listing in ARBOR RIDGE CONDOMINIUMS, I'd target the $350,000 to $369,000 range. Among the similar homes currently available in ARBOR RIDGE CONDOMINIUMS, this price point stands out as competitive. The 2013 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in ARBOR RIDGE CONDOMINIUMS (a buyer's market), competition is a factor to consider. Recent trends in 78744 show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 5417 Falling Leaf LN, Austin TX 78744, with an adjusted value of $286,461; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group