2918 Ranch Road 620 # 179, Austin TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $306,090. Pricing this home between $353,000 and $364,000 would put it in the competitive sweet spot for VILLAS. This home's position in the current VILLAS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 6 years newer than typical comps, the 1998 build date influences the valuation. The smaller lot (0.12 acres versus the area average of 0.23) contributes to the valuation. With 3 similar homes currently listed in VILLAS (a buyer's market), competition is a factor to consider. Market data shows VILLAS prices fallen 72.7% over the last half year. The closest comparable sale, 2918 Ranch Road 620 N # Y199, Austin TX 78734 at an adjusted $363,747, is a strong comparable. With 7 comparable sales in VILLAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group