2901 Glen Rae ST, Austin TX 78702

Based on 7 closed sales in LORRAINE HEIGHTS, the data points to a value around $500,522 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $375,000 to $385,000. Buyers shopping in LORRAINE HEIGHTS right now would see this as a well positioned option among 7 comparable homes. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1984 (10 years older than comps) is factored into the value estimate. The active market in LORRAINE HEIGHTS includes 7 comparable homes priced from $319,999 to $670,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 1021 Walter ST, Austin TX 78702 at an adjusted $374,139, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus