2918 Ranch Road 620 # 236, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $299,986. To generate strong buyer interest while maximizing value, I'd price this between $239,000 and $249,000. 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 (132 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.10 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. The active market in VILLAS includes 4 comparable homes priced from $250,000 to $337,500. The trend in VILLAS shows prices have fallen 53.4% in the past 6 months. 2918 Ranch Road 620 N # 254, Austin TX 78734 nearby adjusts to $217,810; with a pool. 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