2404 S 3rd ST, Austin TX 78704

The market data from 7 similar recent sales in LOMA LINDA points to a value of approximately $352,760. To sell within a reasonable timeframe at fair market value, the $179,000 to $189,000 range is where I'd position this. Against 7 similar active listings in LOMA LINDA, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 476 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 38 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LOMA LINDA; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3018 S 1st ST # 204, Austin TX 78704, adjusting to $182,934; a strong comparable. 7 comparable transactions in LOMA LINDA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group