16443 Lake Loop DR, Austin TX 78734

The comparable sales data (7 recent transactions in 78734) supports an estimated value of $980,628. The data suggests a list price between $632,000 and $642,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78734's current inventory. This home's larger footprint (417 sqft vs the comp average) plays a role in how the market prices it. Being built in 1983 (15 years older than comps) is factored into the value estimate. 7 similar homes are currently available in 78734, creating a buyer's market for this price range. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 3005 Brass Buttons TRL, Austin TX 78734 carries an adjusted comparable value of $1,608,891, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78734. 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