1412 Lorraine LOOP # 1412, Austin TX 78758

My analysis of 7 comparable properties puts this home's estimated value at $436,619. Based on how the local market is moving, a list price between $488,000 and $523,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in NORTHEDGE CONDO's current inventory. At 39 years newer than typical comps, the 2012 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.19) contributes to the valuation. There are currently 7 similar homes on the market in NORTHEDGE CONDO, ranging from $399,900 to $599,000. The 6 month price trend in 78758: fallen 7.1%. The best comp here is 10407 Robinwood CIR, Austin TX 78758 at an adjusted value of $456,233, a strong comparable. The comp data here (7 sales in NORTHEDGE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus