The market data from 3 similar recent sales in RIDGEWOOD NORTH points to a value of approximately $315,210. To sell within a reasonable timeframe at fair market value, the $306,000 to $325,000 range is where I'd position this. Among the similar homes currently available in RIDGEWOOD NORTH, this price point stands out as competitive. At 154 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 5 similar homes on the market in RIDGEWOOD NORTH, ranging from $274,900 to $338,000. In 78641, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 202 Ashbury DR, Leander TX 78641, adjusting to $329,219; a strong comparable. The 3 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