943 E 52nd ST, Austin TX 78751

The market data from 4 similar recent sales in RIDGETOP points to a value of approximately $428,474. To sell within a reasonable timeframe at fair market value, the $466,000 to $515,000 range is where I'd position this. With 3 comparable homes on the market in RIDGETOP, this price positions the property as the most affordable of 3 comparable homes on the market. Being 131 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in RIDGETOP; a buyer's market based on recent absorption. In RIDGETOP, home values have risen approximately 11.3% over the past 6 months. One of the strongest data points is 932 E 53 1/2 ST, Austin TX 78751, adjusting to $389,804; with a smaller floor plan. 4 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