5310 Woodrow Ave, Austin TX 78756

The market data from 7 similar recent sales in NORTH LOOP TERRACE points to a value of approximately $636,504. To sell within a reasonable timeframe at fair market value, the $786,000 to $836,000 range is where I'd position this. With 4 comparable homes on the market in NORTH LOOP TERRACE, this price positions the property as the most affordable of 4 comparable homes on the market. The 1940 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in NORTH LOOP TERRACE, ranging from $675,000 to $925,000. In 78756, home values have fallen approximately 18.6% over the past 6 months. One of the strongest data points is 820 Stark ST, Austin TX 78756, adjusting to $389,153; a strong comparable. 7 comparable transactions in NORTH LOOP TERRACE 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