1303 Lorrain ST # A, Austin TX 78703

The comparable sales data (7 recent transactions in DIVISION) supports an estimated value of $530,704. The data suggests a list price between $222,000 and $232,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in DIVISION. The 272 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2006 (51 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in DIVISION, listed between $205,000 and $449,000. Prices in DIVISION have risen 20.6% over the last 6 months. A similar home at 2108 E 12th ST, Austin TX 78702 carries an adjusted comparable value of $437,680, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in DIVISION. 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