909 Reinli # 245, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $218,562. For a well positioned listing in RIDGETOP, I'd target the $214,000 to $223,000 range. In the current RIDGETOP market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (219 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2015 construction puts this home 31 years newer than the comp average, a factor in the pricing. The active market in RIDGETOP includes 7 comparable homes priced from $129,200 to $399,000. Recent trends in RIDGETOP show home values have fallen 54.6% since 6 months ago. The most comparable recent sale is 202 E 45th ST # 103, Austin TX 78751, with an adjusted value of $242,424; 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