7323 Ritchie DR, Austin TX 78724

Based on 7 closed sales in MEADOWS WALNUT CREEK, the data points to a value around $291,592 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $306,000 to $309,000. This home's position in the current MEADOWS WALNUT CREEK market: the most affordable of 5 comparable homes on the market among comparable properties. Being built in 1998 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.19 acres versus 0.15 for the typical comp. There are currently 5 similar homes on the market in MEADOWS WALNUT CREEK, ranging from $285,000 to $325,000. Market data shows 78724 prices risen 5.7% over the last half year. The closest comparable sale, 7000 Carwill DR, Austin TX 78724 at an adjusted $274,320, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus