2918 Ranch Road 620 # 213, Austin TX 78734

The estimated value of this property is $299,768, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $233,000 and $243,000. In the current VILLAS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.10 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. The active market in VILLAS includes 4 comparable homes priced 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 # 254, Austin TX 78734, with an adjusted value of $213,008; with a pool. Based on 7 relevant data points in VILLAS, 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