7203 Ritchie DR, Austin TX 78724

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $286,253. I'd recommend coming to market at $327,000 to $334,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in MEADOWS WALNUT CREEK, this price positions the property as the most affordable of 5 comparable homes on the market. Built in 1996, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.22 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Buyers in MEADOWS WALNUT CREEK have 5 comparable options right now, with asking prices between $299,900 and $390,000. The trend in 78724 shows prices have risen 5.5% in the past 6 months. 7004 Colony Loop DR, Austin TX 78724 nearby adjusts to $270,933; with a larger floor plan. Based on 6 relevant data points in MEADOWS WALNUT CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX