The comparable sales data (7 recent transactions in PARK RIDGE) supports an estimated value of $330,556. The data suggests a list price between $260,000 and $270,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in PARK RIDGE, this home would be the 4th most expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in PARK RIDGE, listed between $249,900 and $530,000. Prices in PARK RIDGE have risen 7.6% over the last 6 months. A similar home at 8904 Francia TRL, Austin TX 78748 carries an adjusted comparable value of $336,095, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PARK RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group