2918 Ranch Road 620 # 248, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $299,986. For a well positioned listing in VILLAS, I'd target the $239,000 to $249,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in VILLAS. The 132 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.10 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in VILLAS; a buyer's market based on recent absorption. 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 # 254, Austin TX 78734, with an adjusted value of $217,810; with a pool. 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