6912 Ridge HOLW, Austin TX 78750

The market data from 7 similar recent sales in LAKEWOOD points to a value of approximately $710,524. To sell within a reasonable timeframe at fair market value, the $843,000 to $846,000 range is where I'd position this. With 7 comparable homes on the market in LAKEWOOD, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 169 sqft larger than the typical comp, the size difference factors into the valuation. The 1992 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAKEWOOD; a buyer's market based on recent absorption. In LAKEWOOD, home values have fallen approximately 0.2% over the past 6 months. One of the strongest data points is 6415 Wallace CV, Austin TX 78750, adjusting to $326,120; 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