3845 Ranch Road 2222 # 37, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $293,643. I'd recommend coming to market at $395,000 to $401,000 to strike the right balance between value and market velocity. In the current 78731 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78731; a balanced market based on recent absorption. The trend in 78731 shows prices have risen 7.6% in the past 6 months. 3845 Ranch Road 2222 # 19, Austin TX 78731 nearby adjusts to $248,860; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group