932 E 53rd ST, Austin TX 78751

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $694,286. I'd recommend coming to market at $796,000 to $824,000 to strike the right balance between value and market velocity. Against 7 similar active listings in RIDGETOP, this price point lands at the most affordable of 7 comparable homes on the market. Built in 1925, this home is 48 years older than the average comp, which is reflected in the adjustments. The 0.12 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. The active market in RIDGETOP includes 7 comparable homes priced from $674,999 to $845,000. The trend in RIDGETOP shows prices have risen 11.3% in the past 6 months. 936 E 50th ST, Austin TX 78751 nearby adjusts to $724,430; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group