1105 Bowie RD, Austin TX 78733

Based on 5 closed sales in TIN LAKE HILLS, the data points to a value around $1,223,378 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,389,000 to $1,649,000. Relative to what's currently available in TIN LAKE HILLS, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 559 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.32 acres versus 0.28 for the typical comp. Current inventory shows 7 comparable homes in TIN LAKE HILLS; a seller's market based on recent absorption. Market data shows TIN LAKE HILLS prices fallen 26.3% over the last half year. The closest comparable sale, 9401 Winchester RD, Austin TX 78733 at an adjusted $1,648,603, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in TIN LAKE HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group