12009 Verchota DR, Austin TX 78748

After reviewing 7 recent transactions in RANCHO ALTO, I estimate this property's value at $442,117. A competitive list price for this home right now would fall in the $476,000 to $478,000 range. This home's position in the current RANCHO ALTO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in RANCHO ALTO (a balanced market), competition is a factor to consider. Prices in RANCHO ALTO have fallen 4.9% over the last 6 months. A similar home at 1816 O'Callahan DR, Austin TX 78748 carries an adjusted comparable value of $500,435, providing a strong data point. With 7 comparable sales in RANCHO ALTO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group