5924 Red Bud Ridge LN, Austin TX 78744

The market data from 7 similar recent sales in ARBOR RIDGE points to a value of approximately $336,830. To sell within a reasonable timeframe at fair market value, the $330,000 to $344,000 range is where I'd position this. Against 7 similar active listings in ARBOR RIDGE, this price point lands at the most expensive of 7 comparable homes on the market. The 2013 construction puts this home 32 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. Buyers in ARBOR RIDGE have 7 comparable options right now, with asking prices between $265,000 and $339,000. In 78744, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 5541 Pine PL, Austin TX 78744, adjusting to $425,609; 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