12001 Verchota DR, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $440,051. To generate strong buyer interest while maximizing value, I'd price this between $371,000 and $381,000. Against 6 similar active listings in RANCHO ALTO, this price point lands at the 3rd least expensive of 6 comparable homes on the market. At 0.18 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. 6 similar homes are currently available in RANCHO ALTO, creating a balanced market for this price range. The trend in RANCHO ALTO shows prices have fallen 8.1% in the past 6 months. 1816 O'Callahan DR, Austin TX 78748 nearby adjusts to $508,413; 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