2918 Ranch Road 620 # 215, Austin TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $299,768. Pricing this home between $233,000 and $243,000 would put it in the competitive sweet spot for VILLAS. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in VILLAS's current inventory. This home's smaller footprint (136 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.10 acres versus the area average of 0.18) contributes to the valuation. There are currently 4 similar homes on the market in VILLAS, ranging from $250,000 to $337,500. Market data shows VILLAS prices fallen 53.4% over the last half year. The closest comparable sale, 2918 Ranch Road 620 N # 254, Austin TX 78734 at an adjusted $213,008, is with a pool. 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