12225 Buzz Schneider LN, Austin TX 78748

The market data from 7 similar recent sales in RANCHO ALTO points to a value of approximately $482,350. To sell within a reasonable timeframe at fair market value, the $351,000 to $361,000 range is where I'd position this. With 7 comparable homes on the market in RANCHO ALTO, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (217 sqft vs the comp average) plays a role in how the market prices it. At 0.26 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in RANCHO ALTO, ranging from $385,000 to $499,900. In RANCHO ALTO, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 1816 O'Callahan DR, Austin TX 78748, adjusting to $484,949; 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