5512 Duval ST # 2, Austin TX 78751

Based on 7 closed sales in NORTHLOOP, the data points to a value around $498,644 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $250,000 to $260,000. This home's position in the current NORTHLOOP market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The 170 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.04 acres versus 0.11 for the typical comp. Current inventory shows 7 comparable homes in NORTHLOOP; a buyer's market based on recent absorption. Market data shows 78751 prices risen 6.9% over the last half year. The closest comparable sale, 5403 Duval ST # 2, Austin TX 78751 at an adjusted $581,737, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in NORTHLOOP. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group