7 recent sales within half a mile of this address suggest a current value of $356,505. My recommended list price range for this property would be $303,000 to $313,000. With 7 comparable homes on the market in RANCHO ALTO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. 7 similar homes are currently available in RANCHO ALTO, creating a balanced market for this price range. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 2112 O'Callahan DR, Austin TX 78748, adjusting to $411,493; with a larger floor plan. 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