7506 Lobelia DR, Austin TX 78729

My analysis of 4 comparable properties puts this home's estimated value at $388,500. Based on how the local market is moving, a list price between $437,000 and $503,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in LOS INDIOS's current inventory. Being 116 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.45) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LOS INDIOS, listed between $415,000 and $549,000. The 6 month price trend in LOS INDIOS: fallen 15.5%. The best comp here is 12423 Los Indios TRL, Austin TX 78729 at an adjusted value of $372,342, with a smaller floor plan. The comp data here (4 sales in LOS INDIOS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus