909 Reinli # 231, Austin TX 78757

After reviewing 7 recent transactions in RIDGETOP, I estimate this property's value at $299,987. A competitive list price for this home right now would fall in the $186,000 to $196,000 range. Relative to what's currently available in RIDGETOP, this home would be the most expensive of 3 comparable homes on the market. The smaller floor plan (279 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 1972 build date influences the valuation. The active market in RIDGETOP includes 3 comparable homes priced from $185,000 to $199,000. Prices in RIDGETOP have risen 11.3% over the last 6 months. A similar home at 202 E 45th ST # 103, Austin TX 78751 carries an adjusted comparable value of $221,872, providing a strong data point. With 7 comparable sales in RIDGETOP, 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