706 Ledge Stone DR, Austin TX 78737

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $694,931. To generate strong buyer interest while maximizing value, I'd price this between $892,000 and $1,011,000. With 3 comparable homes on the market in LEDGE STONE, this price positions the property as the most affordable of 3 comparable homes on the market. Being 362 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 3 similar homes currently listed in LEDGE STONE (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 286 Stone View TRL, Austin TX 78737 nearby adjusts to $786,729; with a smaller floor plan. 3 comparable transactions in LEDGE STONE 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