707 W Oltorf ST, Austin TX 78704

My analysis of 6 comparable properties puts this home's estimated value at $545,221. Based on how the local market is moving, a list price between $617,000 and $633,000 would position this home well. This would position the home competitively among 4 active listings in LOMA LINDA. At 5 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.13 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 4 comparable homes in LOMA LINDA; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 1.2%. The best comp here is 2609 S 3rd ST, Austin TX 78704 at an adjusted value of $632,675, a strong comparable. With 6 comparable sales in LOMA LINDA, 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