2406 Loyola LN, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $523,760. For a well positioned listing in UNIVERSITY HILLS, I'd target the $430,000 to $440,000 range. In the current UNIVERSITY HILLS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1963 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.38 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. 7 similar homes are currently available in UNIVERSITY HILLS, creating a buyer's market for this price range. Recent trends in UNIVERSITY HILLS show home values have fallen 19.8% since 6 months ago. The most comparable recent sale is 6509 Northeast DR, Austin TX 78723, with an adjusted value of $552,898; with a smaller floor plan. The 5 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