Ed's Opinion of Value

$1,022,027 Ed's Estimate: $1,177,799 $4,995,000
Lowest Comp Recommended List: $1,634,000 to $1,716,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,177,799. To generate strong buyer interest while maximizing value, I'd price this between $1,634,000 and $1,716,000. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in TIN LAKE HILLS. Being 388 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2005 construction puts this home 6 years newer than the comp average, a factor in the pricing. Buyers in TIN LAKE HILLS have 7 comparable options right now, with asking prices between $1,349,900 and $4,995,000. The trend in TIN LAKE HILLS shows prices have fallen 26.3% in the past 6 months. 911 Ottawa DR, Austin TX 78733 nearby adjusts to $1,111,839; with a smaller floor plan. The 7 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
5 Beds
3 Baths
3,325 Sq Ft
0.28 Acres
2005 Built

About This Property

Restrictions: Yes

Location

Schools

School District Eanes ISD
Elementary Valley View
High School Westlake

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 3308064

Listing History

MLS# 3308064 18 days
Aug 17, 2020 Off Market
Jul 14, 2020 Listed $799,000

Frequently Asked Questions About 1004 Ottawa, Austin TX 78733

When was 1004 Ottawa, Austin TX 78733 built?

1004 Ottawa, Austin TX 78733 was built in 2005.

How much does 1004 Ottawa, Austin TX 78733 cost?

1004 Ottawa, Austin TX 78733 sold on August 17, 2020. Contact us for sale price details.

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