13505 Lois LN, Austin TX 78750

Based on 3 closed sales in ACRES WEST, the data points to a value around $405,619 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $297,000 to $307,000. This would position the home competitively among 7 active listings in ACRES WEST. This home's smaller footprint (150 sqft vs the comp average) plays a role in how the market prices it. Being built in 1971 (5 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in ACRES WEST (a balanced market), competition is a factor to consider. Market data shows 78750 prices fallen 14.9% over the last half year. The closest comparable sale, 13516 Caldwell DR, Austin TX 78750 at an adjusted $488,888, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in ACRES WEST. 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