13720 Layton LOOP # 12, Austin TX 78727

Taking into account 3 nearby comparable sales, this property's estimated value comes to $389,081. If we were to list this property today, I'd recommend a list price in the $267,000 to $277,000 range. This home's position in the current 78727 market: the most expensive of 4 comparable homes on the market among comparable properties. At 123 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2005 (5 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in 78727; a buyer's market based on recent absorption. The 6 month price trend in 78727: fallen 5.2%. The best comp here is 15029 Haley Hollow, Austin TX 78728 at an adjusted value of $431,311, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78727. 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