1005 Lorrain ST # B, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $361,014. To generate strong buyer interest while maximizing value, I'd price this between $500,000 and $517,000. Among the similar homes currently available in SHELLEY HEIGHTS, this price point stands out as competitive. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. Buyers in SHELLEY HEIGHTS have 7 comparable options right now, with asking prices between $329,000 and $799,000. The trend in 78703 shows prices have fallen 6.6% in the past 6 months. 1122 Colorado ST # 1902, Austin TX 78701 nearby adjusts to $499,714; a strong comparable. 6 comparable transactions in SHELLEY HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group