1617 Pavelich PASS, Austin TX 78748

The market data from 4 similar recent sales in RANCHO ALTO points to a value of approximately $434,358. To sell within a reasonable timeframe at fair market value, the $446,000 to $448,000 range is where I'd position this. With 3 comparable homes on the market in RANCHO ALTO, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (237 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in RANCHO ALTO, creating a balanced market for this price range. In RANCHO ALTO, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 13116 Alans WAY, Austin TX 78652, adjusting to $431,361; with a larger floor plan. 4 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