1704 Los Olivios WAY, Austin TX 78725

The market data from 3 similar recent sales in PRADO points to a value of approximately $273,437. To sell within a reasonable timeframe at fair market value, the $182,000 to $192,000 range is where I'd position this. In the current PRADO market with 7 similar homes available, this price represents the 3rd most 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. Current inventory shows 7 comparable homes in PRADO; a buyer's market based on recent absorption. In 78725, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 1904 Rinker Ranch DR, Austin TX 78725, adjusting to $291,470; a strong comparable. The 3 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