700 E 46th ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $628,573. For a well positioned listing in RIDGETOP ANNEX, I'd target the $528,000 to $538,000 range. In the current RIDGETOP ANNEX market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1955 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Buyers in RIDGETOP ANNEX have 7 comparable options right now, with asking prices between $485,000 and $850,000. Recent trends in RIDGETOP ANNEX show home values have fallen 34.5% since 6 months ago. The most comparable recent sale is 703 E 47th ST, Austin TX 78751, with an adjusted value of $627,612; a strong comparable. 7 comparable transactions in RIDGETOP ANNEX support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group