1403 Houston ST, Austin TX 78756

The estimated value of this property is $774,974, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $646,000 and $656,000. With 6 comparable homes on the market in NORTH LOOP TERRACE, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (279 sqft vs the comp average) plays a role in how the market prices it. Built in 2006, this home is 5 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in NORTH LOOP TERRACE, listed between $724,900 and $1,649,000. Recent trends in 78756 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 900 Brentwood ST # A, Austin TX 78757, with an adjusted value of $700,709; with a smaller floor plan. Based on 6 relevant data points in NORTH LOOP TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX