1609 Pavelich PASS, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $372,261. For a well positioned listing in RANCHO ALTO, I'd target the $379,000 to $383,000 range. With 4 comparable homes on the market in RANCHO ALTO, this price positions the property as the most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in RANCHO ALTO; a balanced market based on recent absorption. Recent trends in RANCHO ALTO show home values have fallen 4.9% since 6 months ago. The most comparable recent sale is 12017 Herb Brooks DR, Austin TX 78748, with an adjusted value of $379,418; 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