1808 Ralph Cox RD, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $507,969. I'd recommend coming to market at $441,000 to $451,000 to strike the right balance between value and market velocity. In the current RANCHO ALTO market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The pool is a standout feature, with 4 of 4 comparable homes not offering one. The 0.22 acre lot (larger than the 0.17 acre average) is reflected in the estimate. With 7 similar homes currently listed in RANCHO ALTO (a balanced market), competition is a factor to consider. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 2405 Christoff LOOP, Austin TX 78748 nearby adjusts to $516,269; with a smaller floor plan and no pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group