12217 Broten ST, Austin TX 78748

The market data from 7 similar recent sales in RANCHO ALTO points to a value of approximately $311,161. To sell within a reasonable timeframe at fair market value, the $302,000 to $320,000 range is where I'd position this. In the current RANCHO ALTO market with 7 similar homes available, this price represents the 2nd least 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. 7 similar homes are currently available in RANCHO ALTO, creating a buyer's market for this price range. In RANCHO ALTO, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 1817 OCallahan DR, Austin TX 78748, adjusting to $322,180; 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