12113 Broten ST, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $313,223. For a well positioned listing in RANCHO ALTO, I'd target the $329,000 to $336,000 range. With 7 comparable homes on the market in RANCHO ALTO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in RANCHO ALTO (a balanced market), competition is a factor to consider. Recent trends in RANCHO ALTO show home values have fallen 8.1% since 6 months ago. The most comparable recent sale is 1817 OCallahan DR, Austin TX 78748, with an adjusted value of $322,157; a strong comparable. 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