2918 Ranch Road 620 # 116, Austin TX 78734

The estimated value of this property is $274,068, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $198,000 and $208,000. In the current 78734 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in 78734, listed between $199,000 and $1,450,000. Recent trends in 78734 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 2918 N Ranch Road 620 # B112, Austin TX 78734, with an adjusted value of $223,718; a strong comparable. Based on 3 relevant data points in 78734, 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