2918 Ranch Road 620 RD N # 265, Austin TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $304,315. Based on how the local market is moving, a list price between $239,000 and $249,000 would position this home well. This would position the home competitively among 3 active listings in VILLAS. The smaller floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.10 acres versus the area average of 0.19) contributes to the valuation. 3 similar homes are currently available in VILLAS, creating a buyer's market for this price range. The 6 month price trend in VILLAS: fallen 53.4%. The best comp here is 2918 Ranch Road 620 N # 176, Austin TX 78734 at an adjusted value of $337,399, with a larger floor plan. With 7 comparable sales in VILLAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group