3845 Ranch Road 2222 RD # 35, Austin TX 78731

The comparable sales data (4 recent transactions in TERRACES) supports an estimated value of $365,949. The data suggests a list price between $255,000 and $265,000 would attract qualified buyers without leaving money on the table. Buyers shopping in TERRACES right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (120 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in TERRACES, creating a buyer's market for this price range. Prices in 78731 have fallen 15.8% over the last 6 months. A similar home at 5900 Mountainclimb DR # 1, Austin TX 78731 carries an adjusted comparable value of $543,487, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in TERRACES. 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