809 E 47th ST, Austin TX 78751

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $711,979. Pricing this home between $412,000 and $422,000 would put it in the competitive sweet spot for RIDGETOP ANNEX. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in RIDGETOP ANNEX's current inventory. At 60 years newer than typical comps, the 2006 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in RIDGETOP ANNEX; a buyer's market based on recent absorption. Market data shows RIDGETOP ANNEX prices fallen 34.5% over the last half year. The closest comparable sale, 4313 Duval ST, Austin TX 78751 at an adjusted $676,823, is a strong comparable. The comp data here (7 sales in RIDGETOP ANNEX) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus