16316 Lake LOOP, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $290,712. To generate strong buyer interest while maximizing value, I'd price this between $235,000 and $245,000. Against 7 similar active listings in BUFFALO GAP, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1983 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.66 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. The active market in BUFFALO GAP includes 7 comparable homes priced from $225,000 to $390,000. The trend in 78734 shows prices have fallen 10.7% in the past 6 months. 2918 Ranch Road 620 N # 254, Austin TX 78734 nearby adjusts to $231,254; with a pool. 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