1729 Monahans LN, Austin TX 78748

The market data from 5 similar recent sales in RAVENSCROFT TWNHMS points to a value of approximately $257,071. To sell within a reasonable timeframe at fair market value, the $252,000 to $262,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in RAVENSCROFT TWNHMS. The smaller floor plan (310 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in RAVENSCROFT TWNHMS, ranging from $275,000 to $275,000. One of the strongest data points is 11120 Lost Maples TRL, Austin TX 78748, adjusting to $230,000; a strong comparable. The 5 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