1809 OCallahan, Austin TX 78748

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $415,275. I'd recommend coming to market at $470,000 to $509,000 to strike the right balance between value and market velocity. In the current RANCHO ALTO market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The 0.00 acre lot (smaller than the 0.21 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in RANCHO ALTO; a balanced market based on recent absorption. The trend in RANCHO ALTO shows prices have fallen 8.1% in the past 6 months. 2405 Christoff LOOP, Austin TX 78748 nearby adjusts to $420,511; a strong comparable. With 7 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