1500 A Lorraine, Austin TX 78758

The market data from 7 similar recent sales in 78758 points to a value of approximately $347,723. To sell within a reasonable timeframe at fair market value, the $341,000 to $355,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78758. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The active market in 78758 includes 7 comparable homes priced from $325,000 to $419,000. In 78758, home values have fallen approximately 11.4% over the past 6 months. One of the strongest data points is 1822 Rainy Meadows DR, Austin TX 78758, adjusting to $394,758; a strong comparable. 7 comparable transactions in 78758 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