925 E 50th ST, Austin TX 78751

The market data from 6 similar recent sales in RIDGETOP points to a value of approximately $591,930. To sell within a reasonable timeframe at fair market value, the $630,000 to $709,000 range is where I'd position this. With 4 comparable homes on the market in RIDGETOP, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 1932 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in RIDGETOP; a buyer's market based on recent absorption. In RIDGETOP, home values have risen approximately 11.3% over the past 6 months. One of the strongest data points is 4709 Red River ST, Austin TX 78751, adjusting to $599,424; with a smaller floor plan. 6 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