11203 Ranch Rd 2222 # 908, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $582,026. For a well positioned listing in ALICANTE TOWNHOMES, I'd target the $364,000 to $374,000 range. With 3 comparable homes on the market in ALICANTE TOWNHOMES, this price positions the property as the most expensive of 3 comparable homes on the market. At 564 sqft smaller than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in ALICANTE TOWNHOMES; a buyer's market based on recent absorption. Recent trends in 78730 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 2209 Westfalian TRL, Austin TX 78732, with an adjusted value of $639,073; with a smaller 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