2918 N Ranch Road 620 # 166, Austin TX 78734

Based on 5 closed sales in VILLAS, the data points to a value around $531,651 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $337,000 to $347,000. Relative to what's currently available in VILLAS, this home would be the most expensive of 5 comparable homes on the market. The 125 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1998 (5 years older than comps) is factored into the value estimate. The active market in VILLAS includes 5 comparable homes priced from $300,000 to $530,000. Market data shows VILLAS prices fallen 53.4% over the last half year. The closest comparable sale, 2918 Ranch Road 620 N # 206, Austin TX 78734 at an adjusted $640,067, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in VILLAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group