1811 Loreto DR, Austin TX 78721

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $456,176. I'd recommend coming to market at $323,000 to $333,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MCKINLEY HEIGHTS TERRACE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 173 sqft larger than the average comparable sale in this area impacts the per square foot value. 7 similar homes are currently available in MCKINLEY HEIGHTS TERRACE, creating a buyer's market for this price range. The trend in 78721 shows prices have fallen 7% in the past 6 months. 5106 Woodmoor DR, Austin TX 78721 nearby adjusts to $522,792; with a smaller floor plan. Based on 5 relevant data points in MCKINLEY HEIGHTS TERRACE, 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