7507 Rio PASS, Austin TX 78724

Based on 7 closed sales in NORTHRIDGE PARK PH A-2, the data points to a value around $349,076 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $267,000 to $277,000. This would position the home competitively among 7 active listings in NORTHRIDGE PARK PH A-2. This home's smaller footprint (204 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (21 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in NORTHRIDGE PARK PH A-2 (a buyer's market), competition is a factor to consider. Market data shows 78724 prices risen 4.7% over the last half year. The closest comparable sale, 8001 Crystalbrook W, Austin TX 78724 at an adjusted $359,007, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in NORTHRIDGE PARK PH A-2. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group