13412 Lois LN, Austin TX 78750

My analysis of 3 comparable properties puts this home's estimated value at $385,237. Based on how the local market is moving, a list price between $282,000 and $292,000 would position this home well. This home's position in the current ACRES WEST market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 1971 build date influences the valuation. The larger lot (0.50 acres versus the area average of 0.29) contributes to the valuation. Right now, 7 similar properties are competing for buyers in ACRES WEST, listed between $270,000 and $415,000. The 6 month price trend in 78750: fallen 8.2%. The best comp here is 13516 Caldwell DR, Austin TX 78750 at an adjusted value of $471,420, with a larger floor plan. With 3 comparable sales in ACRES WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group