909 Reinli # 227, Austin TX 78751

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $400,360. I'd recommend coming to market at $388,000 to $412,000 to strike the right balance between value and market velocity. Against 4 similar active listings in RIDGETOP, this price point lands at the most affordable of 4 comparable homes on the market. Built in 2015, this home is 50 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in RIDGETOP, ranging from $489,000 to $545,000. The trend in RIDGETOP shows prices have risen 11.3% in the past 6 months. 909 Reinli ST # 217, Austin TX 78751 nearby adjusts to $195,520; a strong comparable. Based on 7 relevant data points in RIDGETOP, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX