7 recent sales within a mile of this address suggest a current value of $360,306. My recommended list price range for this property would be $390,000 to $396,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in RIDGEWOOD NORTH. Built in 2002, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 3 similar homes currently listed in RIDGEWOOD NORTH (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 900 Spring Hollow DR, Leander TX 78641, adjusting to $396,313; with a larger floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
