1425 Lorraine LOOP # 1425, Austin TX 78758

My analysis of 7 comparable properties puts this home's estimated value at $424,612. Based on how the local market is moving, a list price between $538,000 and $541,000 would position this home well. Buyers shopping in 78758 right now would see this as a well positioned option among 7 comparable homes. At 30 years newer than typical comps, the 2012 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.17) contributes to the valuation. Buyers in 78758 have 7 comparable options right now, with asking prices between $399,000 and $640,000. The 6 month price trend in 78758: fallen 4.6%. The best comp here is 10407 Robinwood CIR, Austin TX 78758 at an adjusted value of $446,545, a strong comparable. The comp data here (7 sales in 78758) 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