5407 Roosevelt Ave, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $588,404. To generate strong buyer interest while maximizing value, I'd price this between $749,000 and $778,000. With 7 comparable homes on the market in NORTH LOOP TERRACE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 105 sqft smaller than the typical comp, the size difference factors into the valuation. The 2010 construction puts this home 7 years older than the comp average, a factor in the pricing. Buyers in NORTH LOOP TERRACE have 7 comparable options right now, with asking prices between $540,000 and $830,000. The trend in 78756 shows prices have fallen 9.8% in the past 6 months. 1503 Richcreek RD # A, Austin TX 78757 nearby adjusts to $540,071; with a larger floor plan. 3 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