1521 Lorraine LOOP # 1521, Austin TX 78758

Taking into account 7 nearby comparable sales, this property's estimated value comes to $354,622. If we were to list this property today, I'd recommend a list price in the $274,000 to $284,000 range. Buyers shopping in 78758 right now would see this as a well positioned option among 7 comparable homes. At 163 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2013 (29 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78758, listed between $265,000 and $525,000. The 6 month price trend in 78758: fallen 4.5%. The best comp here is 10700 Macmora RD # 104, Austin TX 78758 at an adjusted value of $339,565, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78758. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group