8616 Whispering TRL, Austin TX 78737

My analysis of 4 comparable properties puts this home's estimated value at $782,788. Based on how the local market is moving, a list price between $1,102,000 and $1,265,000 would position this home well. This home's position in the current RIDGEVIEW market: the most affordable of 5 comparable homes on the market among comparable properties. The 265 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.59) contributes to the valuation. With 5 similar homes currently listed in RIDGEVIEW (a balanced market), competition is a factor to consider. The 6 month price trend in 78737: fallen 5.5%. The best comp here is 7817 Aria LOOP, Austin TX 78736 at an adjusted value of $691,281, a strong comparable. With 4 comparable sales in RIDGEVIEW, 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