1201 Tinnin Ford RD # 29, Austin TX 78741

Taking into account 7 nearby comparable sales, this property's estimated value comes to $528,730. If we were to list this property today, I'd recommend a list price in the $368,000 to $378,000 range. Buyers shopping in TOWN LAKE PH right now would see this as a well positioned option among 7 comparable homes. Being built in 1968 (18 years older than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.10 for the typical comp. Current inventory shows 7 comparable homes in TOWN LAKE PH; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 3.9%. The best comp here is 1911 Riverview ST # A, Austin TX 78702 at an adjusted value of $526,538, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TOWN LAKE PH. 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