2304 Loyola LN, Austin TX 78723

My analysis of 6 comparable properties puts this home's estimated value at $754,371. Based on how the local market is moving, a list price between $807,000 and $888,000 would position this home well. This home's position in the current UNIVERSITY HILLS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (442 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.30 acres versus the area average of 0.25) contributes to the valuation. 4 similar homes are currently available in UNIVERSITY HILLS, creating a buyer's market for this price range. The 6 month price trend in UNIVERSITY HILLS: fallen 12.8%. The best comp here is 6805 Duquesne DR, Austin TX 78723 at an adjusted value of $968,864, a strong comparable. With 6 comparable sales in UNIVERSITY HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group