938 E 50th ST, Austin TX 78751

Based on 3 closed sales in RIDGETOP, the data points to a value around $1,183,131 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,295,000 to $1,383,000. Buyers shopping in RIDGETOP right now would see this as a well positioned option among 4 comparable homes. Being built in 2013 (8 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in RIDGETOP (a buyer's market), competition is a factor to consider. Market data shows RIDGETOP prices fallen 1.8% over the last half year. The closest comparable sale, 5501 Avenue H, Austin TX 78751 at an adjusted $1,217,461, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in RIDGETOP. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group