1407 Waterloo TRL # A, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $331,015. For a well positioned listing in CINNAMON RIDGE, I'd target the $376,000 to $385,000 range. Against 3 similar active listings in CINNAMON RIDGE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1982 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in CINNAMON RIDGE; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1912 Lightsey RD # 5, Austin TX 78704, with an adjusted value of $315,825; a strong comparable. 3 comparable transactions in CINNAMON RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group