4000 Ranch Road 620 # 1, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $529,994. For a well positioned listing in 78734, I'd target the $326,000 to $336,000 range. With 7 comparable homes on the market in 78734, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 14.00 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. 7 similar homes are currently available in 78734, creating a buyer's market for this price range. Recent trends in 78734 show home values have fallen 1.5% since 6 months ago. The most comparable recent sale is 2206 Whitebead TRL, Austin TX 78734, with an adjusted value of $577,700; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group