12204 Buzz Schneider LN, Austin TX 78748

Based on 3 closed sales in RANCHO ALTO, the data points to a value around $383,188 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $372,000 to $395,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in RANCHO ALTO's current inventory. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2007 (6 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in RANCHO ALTO (a balanced market), competition is a factor to consider. Market data shows 78748 prices fallen 4.7% over the last half year. The closest comparable sale, 11737 Easy ST, Austin TX 78748 at an adjusted $365,337, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in RANCHO ALTO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group