940 E 50th ST, Austin TX 78751

Based on 3 closed sales in RIDGETOP, the data points to a value around $1,138,946 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,204,000 to $1,328,000. This home's position in the current RIDGETOP market: the most affordable of 3 comparable homes on the market among comparable properties. The larger floor plan (179 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 similar homes currently listed in RIDGETOP (a buyer's market), competition is a factor to consider. Market data shows 78751 prices risen 4.5% over the last half year. The closest comparable sale, 5008 Avenue H Ave, Austin TX 78751 at an adjusted $1,564,245, 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