12205 Broten ST, Austin TX 78748

The market data from 7 similar recent sales in RANCHO ALTO points to a value of approximately $378,880. To sell within a reasonable timeframe at fair market value, the $318,000 to $328,000 range is where I'd position this. In the current RANCHO ALTO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RANCHO ALTO, listed between $300,000 and $460,000. In RANCHO ALTO, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 2112 O'Callahan DR, Austin TX 78748, adjusting to $424,428; a strong comparable. 7 comparable transactions in RANCHO ALTO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group