6404 LEDGE MOUNTAIN DR, Austin TX 78731

After reviewing 6 recent transactions in 78731, I estimate this property's value at $1,500,589. A competitive list price for this home right now would fall in the $1,794,000 to $1,871,000 range. This would position the home competitively among 4 active listings in 78731. Having a pool is a plus; 3 of the 6 comps lacked one. At 6 years newer than typical comps, the 1998 build date influences the valuation. 4 similar homes are currently available in 78731, creating a buyer's market for this price range. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 5133 Valburn CT, Austin TX 78731 carries an adjusted comparable value of $1,166,181, providing a strong data point. With 6 comparable sales in 78731, 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