2918 Ranch Road 620 N # 121, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $226,823. For a well positioned listing in VILLAS, I'd target the $280,000 to $281,000 range. With 5 comparable homes on the market in VILLAS, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 239 sqft size difference versus comparable sales is reflected in the adjusted values. The 1981 construction puts this home 11 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in VILLAS, creating a buyer's market for this price range. Recent trends in VILLAS show home values have fallen 19.6% since 6 months ago. The most comparable recent sale is 2918 Ranch Road 620 N # G127, Austin TX 78734, with an adjusted value of $255,700; a strong comparable. The 7 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