2918 Ranch Road 620 RD N # 123, Austin TX 78734

Based on 6 closed sales in VILLAS, the data points to a value around $263,780 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $343,000 to $347,000. Relative to what's currently available in VILLAS, this home would be the 3rd least expensive of 7 comparable homes on the market. Being 320 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1981 (11 years older than comps) is factored into the value estimate. 7 similar homes are currently available in VILLAS, creating a buyer's market for this price range. Market data shows VILLAS prices fallen 72.5% over the last half year. The closest comparable sale, 2918 Ranch Road 620 N # 176, Austin TX 78734 at an adjusted $343,140, is a strong comparable. The strength of this estimate comes from 6 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