1201 Tinnin Ford RD # 18, Austin TX 78741

After reviewing 7 recent transactions in TOWN LAKE PHS, I estimate this property's value at $621,241. A competitive list price for this home right now would fall in the $358,000 to $368,000 range. Buyers shopping in TOWN LAKE PHS right now would see this as a well positioned option among 7 comparable homes. At 11 years older than typical comps, the 1968 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.13) contributes to the valuation. The active market in TOWN LAKE PHS includes 7 comparable homes priced from $405,000 to $765,500. Prices in 78741 have fallen 3.5% over the last 6 months. A similar home at 1302 Garden ST, Austin TX 78702 carries an adjusted comparable value of $671,425, providing a strong data point. With 7 comparable sales in TOWN LAKE PHS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group