1520 LORRAINE LOOP # 1520C, Austin TX 78758

The estimated value of this property is $387,185, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $475,000 and $510,000. In the current 78758 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 2012, this home is 38 years newer than the average comp, which is reflected in the adjustments. The 0.08 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. Buyers in 78758 have 7 comparable options right now, with asking prices between $469,000 and $555,000. Recent trends in 78758 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 10101 E Rutland VLG, Austin TX 78758, with an adjusted value of $430,638; a strong comparable. Based on 7 relevant data points in 78758, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX