909 Reinli ST # 240, Austin TX 78751

After reviewing 7 recent transactions in RIDGETOP, I estimate this property's value at $325,661. A competitive list price for this home right now would fall in the $131,000 to $141,000 range. This home's position in the current RIDGETOP market: the most expensive of 6 comparable homes on the market among comparable properties. At 321 sqft smaller than the typical comp, the size difference factors into the valuation. At 8 years newer than typical comps, the 1975 build date influences the valuation. Right now, 6 similar properties are competing for buyers in RIDGETOP, listed between $119,500 and $250,000. 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 $244,724, 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