909 Reinli # 224, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $426,599. To generate strong buyer interest while maximizing value, I'd price this between $165,000 and $175,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGETOP. Being 713 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2015 construction puts this home 30 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in RIDGETOP (a buyer's market), competition is a factor to consider. The trend in RIDGETOP shows prices have risen 11.3% in the past 6 months. 912 1/2 E 50th ST, Austin TX 78751 nearby adjusts to $356,119; a strong comparable. 7 comparable transactions in RIDGETOP support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group