1507 Lorrain ST, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,205,063. For a well positioned listing in ENFIELD, I'd target the $1,564,000 to $1,620,000 range. Among the similar homes currently available in ENFIELD, this price point stands out as competitive. Being 246 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1918 construction puts this home 46 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in ENFIELD, listed between $1,195,000 and $2,000,000. Recent trends in ENFIELD show home values have risen 17.1% since 6 months ago. The most comparable recent sale is 1507 Parkway, Austin TX 78703, with an adjusted value of $801,190; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group