8513 High Summit LN, Austin TX 78737

The estimated value of this property is $840,236, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,094,000 and $1,221,000. With 7 comparable homes on the market in RIDGEVIEW, this price positions the property as the most affordable of 7 comparable homes on the market. This home's larger footprint (493 sqft vs the comp average) plays a role in how the market prices it. The 0.20 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in RIDGEVIEW, ranging from $799,900 to $2,250,000. Recent trends in 78737 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 8317 Turning TRL, Austin TX 78737, with an adjusted value of $768,490; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group