932 E 50th ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $828,188. For a well positioned listing in RIDGETOP, I'd target the $792,000 to $813,000 range. With 3 comparable homes on the market in RIDGETOP, this price positions the property as the most expensive of 3 comparable homes on the market. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2004 construction puts this home 28 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in RIDGETOP (a buyer's market), competition is a factor to consider. Recent trends in RIDGETOP show home values have risen 11.3% since 6 months ago. The most comparable recent sale is 909 E 50th ST, Austin TX 78751, with an adjusted value of $1,180,862; with a larger floor plan and a pool. 7 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