1901 Rinker Ranch DR, Austin TX 78725

The market data from 7 similar recent sales in PRADO RANCH points to a value of approximately $281,970. To sell within a reasonable timeframe at fair market value, the $235,000 to $245,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in PRADO RANCH. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. 6 similar homes are currently available in PRADO RANCH, creating a buyer's market for this price range. In 78725, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 1808 Los Olivios WAY, Austin TX 78725, adjusting to $293,803; with a larger floor plan and no pool. 7 comparable transactions in PRADO RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group