1004 Lipan TRL, Austin TX 78733

The market data from 5 similar recent sales in TIN LAKE HILLS points to a value of approximately $840,437. To sell within a reasonable timeframe at fair market value, the $915,000 to $956,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in TIN LAKE HILLS. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 11 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in TIN LAKE HILLS, creating a seller's market for this price range. In TIN LAKE HILLS, home values have fallen approximately 26.3% over the past 6 months. One of the strongest data points is 1502 Medio Calle, Austin TX 78733, adjusting to $758,361; with a smaller floor plan. The 5 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