1003 Lipan TRL, Austin TX 78733

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,112,145. I'd recommend coming to market at $1,438,000 to $1,538,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TIN LAKE HILLS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 424 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2002, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in TIN LAKE HILLS (a buyer's market), competition is a factor to consider. The trend in TIN LAKE HILLS shows prices have fallen 17% in the past 6 months. 911 Ottawa DR, Austin TX 78733 nearby adjusts to $1,088,244; with a smaller floor plan. Based on 3 relevant data points in TIN LAKE HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX