7224 Ranchito DR, Austin TX 78744

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $392,974. Pricing this home between $405,000 and $408,000 would put it in the competitive sweet spot for SPRINGFIELD. Relative to what's currently available in SPRINGFIELD, this home would be the 2nd most expensive of 4 comparable homes on the market. The larger lot (0.27 acres versus the area average of 0.18) contributes to the valuation. There are currently 4 similar homes on the market in SPRINGFIELD, ranging from $345,000 to $437,900. Market data shows SPRINGFIELD prices fallen 1.4% over the last half year. The closest comparable sale, 6708 Springfield DR, Austin TX 78744 at an adjusted $396,976, is a strong comparable. The comp data here (7 sales in SPRINGFIELD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus