806 E 45 1/2 ST, Austin TX 78751

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $725,587. Pricing this home between $582,000 and $592,000 would put it in the competitive sweet spot for RIDGETOP ANNEX. This would position the home competitively among 7 active listings in RIDGETOP ANNEX. This home's smaller footprint (138 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.42 acres versus the area average of 0.24) contributes to the valuation. With 7 similar homes currently listed in RIDGETOP ANNEX (a balanced market), competition is a factor to consider. Market data shows RIDGETOP ANNEX prices fallen 37.3% over the last half year. The closest comparable sale, 811 E 45th ST, Austin TX 78751 at an adjusted $679,449, is with a larger floor plan. With 5 comparable sales in RIDGETOP ANNEX, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group