2503 Loyola LN, Austin TX 78723

Based on 6 closed sales in UNIVERSITY HILLS, the data points to a value around $718,289 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $550,000 to $560,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in UNIVERSITY HILLS's current inventory. At 198 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 5 comparable homes in UNIVERSITY HILLS; a buyer's market based on recent absorption. Market data shows UNIVERSITY HILLS prices fallen 19.8% over the last half year. The closest comparable sale, 2602 Loyola LN, Austin TX 78723 at an adjusted $686,860, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in UNIVERSITY HILLS. 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