8512 Echo Shore CV, Austin TX 78737

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $726,676. To generate strong buyer interest while maximizing value, I'd price this between $324,000 and $334,000. Against 6 similar active listings in RIDGEVIEW, this price point lands at the 3rd most expensive of 6 comparable homes on the market. This home's smaller footprint (568 sqft vs the comp average) plays a role in how the market prices it. The 2016 construction puts this home 9 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in RIDGEVIEW (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 8316 Evelina TRL, Austin TX 78737 nearby adjusts to $690,911; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group