924 E 52nd ST # B, Austin TX 78751

Based on 7 closed sales in RIDGETOP, the data points to a value around $1,037,167 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,204,000 to $1,226,000. This home's position in the current RIDGETOP market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 202 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2008 (29 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in RIDGETOP; a buyer's market based on recent absorption. Market data shows RIDGETOP prices fallen 44.9% over the last half year. The closest comparable sale, 936 E 50th ST, Austin TX 78751 at an adjusted $964,973, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIDGETOP. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group