946 E 53rd ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $824,403. For a well positioned listing in RIDGETOP, I'd target the $802,000 to $815,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in RIDGETOP. This home's smaller footprint (118 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 7 years newer than the comp average, a factor in the pricing. The active market in RIDGETOP includes 5 comparable homes priced from $749,000 to $845,000. Recent trends in RIDGETOP show home values have risen 11.3% since 6 months ago. The most comparable recent sale is 936 E 50th ST, Austin TX 78751, with an adjusted value of $789,471; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group