927 E 51st ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $890,485. For a well positioned listing in RIDGETOP, I'd target the $864,000 to $917,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in RIDGETOP. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. The 2016 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in RIDGETOP, ranging from $805,000 to $1,550,000. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 933 E 52nd ST, Austin TX 78751, with an adjusted value of $742,855; with a larger floor plan. The 3 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