1201 BOWIE RD, Austin TX 78733

The estimated value of this property is $1,124,640, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,564,000 and $1,669,000. Against 7 similar active listings in TIN LAKE HILLS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 0.37 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TIN LAKE HILLS; a seller's market based on recent absorption. Recent trends in TIN LAKE HILLS show home values have fallen 26.3% since 6 months ago. The most comparable recent sale is 9402 Caracas DR, Austin TX 78733, with an adjusted value of $1,150,540; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group