1413 Lorraine LOOP # 1413, Austin TX 78758

The market data from 7 similar recent sales in NORTHEDGE CONDO points to a value of approximately $331,907. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. In the current NORTHEDGE CONDO market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 2013 construction puts this home 34 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. The active market in NORTHEDGE CONDO includes 4 comparable homes priced from $219,000 to $395,911. In 78758, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 10700 Macmora RD # 104, Austin TX 78758, adjusting to $346,671; a strong comparable. 7 comparable transactions in NORTHEDGE CONDO 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