1201 Tinnin Ford RD # 23, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $573,735. For a well positioned listing in 78741, I'd target the $385,000 to $395,000 range. With 7 comparable homes on the market in 78741, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1968 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Buyers in 78741 have 7 comparable options right now, with asking prices between $405,000 and $950,000. Recent trends in 78741 show home values have fallen 12.2% since 6 months ago. The most comparable recent sale is 1913 Canterbury ST # 2, Austin TX 78702, with an adjusted value of $609,904; a strong comparable. 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