909 Reinli # 237, Austin TX 78757

After reviewing 7 recent transactions in RIDGETOP, I estimate this property's value at $426,616. A competitive list price for this home right now would fall in the $165,000 to $175,000 range. This home's position in the current RIDGETOP market: the most expensive of 7 comparable homes on the market among comparable properties. At 713 sqft smaller than the typical comp, the size difference factors into the valuation. At 30 years newer than typical comps, the 2015 build date influences the valuation. Current inventory shows 7 comparable homes in RIDGETOP; a buyer's market based on recent absorption. Prices in RIDGETOP have risen 11.3% over the last 6 months. A similar home at 912 1/2 E 50th ST, Austin TX 78751 carries an adjusted comparable value of $356,119, 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