10502 Ponder LN, Austin TX 78719

The market data from 7 similar recent sales in THOROUGHBRED FARMS points to a value of approximately $251,137. To sell within a reasonable timeframe at fair market value, the $246,000 to $256,000 range is where I'd position this. With 0 comparable homes on the market in THOROUGHBRED FARMS, this price positions the property as no active comparable homes on the market. The 1983 construction puts this home 32 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. One of the strongest data points is 10504 Ruidosa ST, Austin TX 78719, adjusting to $234,015; with a larger floor plan. The 7 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