225 The Ranch RD, Del Valle TX 78617

The market data from 7 similar recent sales in RANCH points to a value of approximately $492,429. To sell within a reasonable timeframe at fair market value, the $415,000 to $425,000 range is where I'd position this. In the current RANCH market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 7.04 acres, the lot is larger than the 2.69 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in RANCH; a buyer's market based on recent absorption. In 78617, home values have risen approximately 0.4% over the past 6 months. One of the strongest data points is 133 Mark Adams RD, Del Valle TX 78617, adjusting to $362,395; 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