914 E 50th ST, Austin TX 78751

The market data from 5 similar recent sales in RIDGETOP points to a value of approximately $544,949. To sell within a reasonable timeframe at fair market value, the $646,000 to $656,000 range is where I'd position this. With 5 comparable homes on the market in RIDGETOP, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 1937 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in RIDGETOP; a buyer's market based on recent absorption. In RIDGETOP, home values have fallen approximately 26.6% over the past 6 months. One of the strongest data points is 305 E 50th ST, Austin TX 78751, adjusting to $668,610; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group