2001 Faro DR # 40, Austin TX 78741

The market data from 3 similar recent sales in RIVERSIDE VILLAS points to a value of approximately $414,405. To sell within a reasonable timeframe at fair market value, the $423,000 to $425,000 range is where I'd position this. With 3 comparable homes on the market in RIVERSIDE VILLAS, this price positions the property as the most affordable of 3 comparable homes on the market. At 141 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in RIVERSIDE VILLAS have 3 comparable options right now, with asking prices between $389,000 and $479,000. In 78741, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 2001 Faro DR # 34, Austin TX 78741, adjusting to $407,031; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group