Based on 4 closed sales in RIDGE ALTA VISTA, the data points to a value around $794,596 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $771,000 to $818,000. Relative to what's currently available in RIDGE ALTA VISTA, this home would be the most affordable of 4 comparable homes on the market. Being 580 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in RIDGE ALTA VISTA; a balanced market based on recent absorption. Market data shows RIDGE ALTA VISTA prices risen 19.6% over the last half year. The closest comparable sale, 117 N Whitley DR, Austin TX 78738 at an adjusted $841,729, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in RIDGE ALTA VISTA. 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