2918 Ranch Rd 620 N # 279, Austin TX 78734

The estimated value of this property is $327,234, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $237,000 and $247,000. With 3 comparable homes on the market in VILLAS, this price positions the property as the most expensive of 3 comparable homes on the market. At 439 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1998, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in VILLAS, ranging from $250,000 to $337,500. Recent trends in VILLAS show home values have fallen 53.4% since 6 months ago. The most comparable recent sale is 2918 Ranch Road 620 N # 176, Austin TX 78734, with an adjusted value of $330,520; with a larger floor plan. With 7 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