936 E 52nd ST, Austin TX 78751

The market data from 7 similar recent sales in RIDGETOP points to a value of approximately $904,015. To sell within a reasonable timeframe at fair market value, the $715,000 to $725,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGETOP. The 1930 construction puts this home 56 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIDGETOP (a buyer's market), competition is a factor to consider. In RIDGETOP, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 909 E 50th ST, Austin TX 78751, adjusting to $1,144,440; with a smaller 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