428 Ridgewood RD, West Lake Hills TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,316,433. For a well positioned listing in RIDGEWOOD, I'd target the $1,528,000 to $1,746,000 range. With 7 comparable homes on the market in RIDGEWOOD, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 196 sqft size difference versus comparable sales is reflected in the adjusted values. The 1960 construction puts this home 11 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in RIDGEWOOD; a buyer's market based on recent absorption. Recent trends in 78746 show home values have risen 7.7% since 6 months ago. The most comparable recent sale is 419 Brady LN, Austin TX 78746, with an adjusted value of $1,362,572; with a larger floor plan. 4 comparable transactions in RIDGEWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group