1501 Lorraine LOOP # 1501, Austin TX 78758

My analysis of 7 comparable properties puts this home's estimated value at $330,514. Based on how the local market is moving, a list price between $203,000 and $213,000 would position this home well. This pricing would rank the home as the most expensive of 4 comparable homes on the market in NORTHEDGE CONDO's current inventory. At 34 years newer than typical comps, the 2013 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.14) contributes to the valuation. The active market in NORTHEDGE CONDO includes 4 comparable homes priced from $219,000 to $395,911. The 6 month price trend in 78758: fallen 4.6%. The best comp here is 10700 Macmora RD # 104, Austin TX 78758 at an adjusted value of $344,583, 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