8510 Ruddington DR, Austin TX 78748

After reviewing 7 recent transactions in 78748, I estimate this property's value at $297,794. A competitive list price for this home right now would fall in the $142,000 to $152,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78748's current inventory. At 5 years older than typical comps, the 1982 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. There are currently 7 similar homes on the market in 78748, ranging from $144,900 to $224,900. Prices in 78748 have fallen 1.4% over the last 6 months. A similar home at 8501 Palace PKWY, Austin TX 78748 carries an adjusted comparable value of $288,294, providing a strong data point. The comp data here (7 sales in 78748) 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