1420 B Lorraine LOOP, Austin TX 78758

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $313,887. I'd recommend coming to market at $308,000 to $320,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78758, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. 7 similar homes are currently available in 78758, creating a buyer's market for this price range. The trend in 78758 shows prices have fallen 10.5% in the past 6 months. 917 Ken ST, Austin TX 78758 nearby adjusts to $303,862; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group