2001 Faro DR # 7, Austin TX 78741

Based on 4 closed sales in RIVERSIDE VILLAS, the data points to a value around $339,202 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $248,000 to $258,000. This home's position in the current RIVERSIDE VILLAS market: the most expensive of 3 comparable homes on the market among comparable properties. The 143 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in RIVERSIDE VILLAS includes 3 comparable homes priced from $245,000 to $289,000. Market data shows 78741 prices fallen 4.6% over the last half year. The closest comparable sale, 6109 Club TER, Austin TX 78741 at an adjusted $361,602, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in RIVERSIDE VILLAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group