5409 Roosevelt Ave, Austin TX 78756

After reviewing 5 recent transactions in NORTH LOOP TERRACE, I estimate this property's value at $677,773. A competitive list price for this home right now would fall in the $740,000 to $790,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in NORTH LOOP TERRACE's current inventory. The larger lot (0.16 acres versus the area average of 0.12) contributes to the valuation. Current inventory shows 7 comparable homes in NORTH LOOP TERRACE; a balanced market based on recent absorption. Prices in 78756 have fallen 7.1% over the last 6 months. A similar home at 5509 Woodrow Ave # A, Austin TX 78756 carries an adjusted comparable value of $623,811, providing a strong data point. With 5 comparable sales in NORTH LOOP TERRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group