9800 Peakridge DR, Austin TX 78737

Based on 7 closed sales in CEDAR RIDGE ESTATES, the data points to a value around $1,200,186 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,565,000 to $1,650,000. This would position the home competitively among 3 active listings in CEDAR RIDGE ESTATES. The larger floor plan (225 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2016 (10 years newer than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in CEDAR RIDGE ESTATES, listed between $1,899,999 and $4,050,000. Market data shows 78737 prices risen 0.9% over the last half year. The closest comparable sale, 7205 N Twilight Mesa DR, Austin TX 78737 at an adjusted $1,539,040, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in CEDAR RIDGE ESTATES. 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