2202 Rain Water DR, Austin TX 78734

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $394,324. I'd recommend coming to market at $249,000 to $259,000 to strike the right balance between value and market velocity. In the current APACHE SHORES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 15 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in APACHE SHORES, listed between $250,000 and $415,000. The trend in APACHE SHORES shows prices have fallen 12.5% in the past 6 months. 14407 Tucumcari TRL, Austin TX 78734 nearby adjusts to $389,755; a strong comparable. Based on 7 relevant data points in APACHE SHORES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX