2113 Ocallahan DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $470,934. I'd recommend coming to market at $457,000 to $485,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in RANCHO ALTO. At 119 sqft larger than the typical comp, the size difference factors into the valuation. The 0.19 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in RANCHO ALTO; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 2132 Ocallahan DR, Austin TX 78748 nearby adjusts to $465,827; a strong comparable. With 5 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