5801 Loblolly LN # 73, Austin TX 78744

The market data from 3 similar recent sales in ARBOR RIDGE CONDOMINIUMS points to a value of approximately $232,734. To sell within a reasonable timeframe at fair market value, the $186,000 to $196,000 range is where I'd position this. With 4 comparable homes on the market in ARBOR RIDGE CONDOMINIUMS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (236 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. With 4 similar homes currently listed in ARBOR RIDGE CONDOMINIUMS (a buyer's market), competition is a factor to consider. In 78744, home values have risen approximately 3.4% over the past 6 months. One of the strongest data points is 5417 Falling Leaf LN, Austin TX 78744, adjusting to $230,032; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group