2918 Ranch Road 620 # 246, Austin TX 78734

The estimated value of this property is $285,655, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $233,000 and $243,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in VILLAS. At 216 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.10 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 3 similar homes currently listed in VILLAS (a buyer's market), competition is a factor to consider. 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 # 176, Austin TX 78734, with an adjusted value of $324,104; with a larger floor plan. 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