12125 Broten ST, Austin TX 78748

The estimated value of this property is $448,418, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $457,000 and $458,000. With 5 comparable homes on the market in RANCHO ALTO, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. Built in 2009, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in RANCHO ALTO; a buyer's market based on recent absorption. Recent trends in RANCHO ALTO show home values have fallen 11.3% since 6 months ago. The most comparable recent sale is 1816 O'Callahan DR, Austin TX 78748, with an adjusted value of $483,106; a strong comparable. Based on 7 relevant data points in RANCHO ALTO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX