5311 Woodrow Ave, Austin TX 78756

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $744,425. I'd recommend coming to market at $1,048,000 to $1,060,000 to strike the right balance between value and market velocity. Against 7 similar active listings in NORTH LOOP TERRACE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 2001, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in NORTH LOOP TERRACE; a balanced market based on recent absorption. The trend in 78756 shows prices have fallen 11.3% in the past 6 months. 5401 Joe Sayers Ave # B, Austin TX 78756 nearby adjusts to $695,249; a strong comparable. Based on 4 relevant data points in NORTH LOOP TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX