909 Reinli ST # 235, Austin TX 78751

Based on 3 closed sales in RIDGETOP, the data points to a value around $238,038 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $252,000 to $305,000. Buyers shopping in RIDGETOP right now would see this as a well positioned option among 6 comparable homes. The smaller floor plan (169 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1972 (9 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in RIDGETOP; a buyer's market based on recent absorption. Market data shows RIDGETOP prices fallen 1.8% over the last half year. The closest comparable sale, 5107 Leralynn ST # 303, Austin TX 78751 at an adjusted $246,201, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus