1607 Denesa DR, Austin TX 78725

Based on 5 closed sales in PRADO RANCH, the data points to a value around $419,791 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $353,000 to $363,000. Buyers shopping in PRADO RANCH right now would see this as a well positioned option among 2 comparable homes. Being 565 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.15 acres versus 0.11 for the typical comp. There are currently 2 similar homes on the market in PRADO RANCH, ranging from $339,500 to $350,000. Market data shows PRADO RANCH prices fallen 4.8% over the last half year. The closest comparable sale, 11801 Clayton Creek Ave, Austin TX 78725 at an adjusted $426,000, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in PRADO RANCH. 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