2918 Ranch Road 620 # 109, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $330,036. For a well positioned listing in VILLAS, I'd target the $234,000 to $244,000 range. Among the similar homes currently available in VILLAS, this price point stands out as competitive. The 1981 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. The active market in VILLAS includes 3 comparable homes priced from $239,900 to $460,000. Recent trends in VILLAS show home values have fallen 53.4% since 6 months ago. The most comparable recent sale is 2918 N Ranch Road 620 # B112, Austin TX 78734, with an adjusted value of $217,255; a strong comparable. 7 comparable transactions in VILLAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group