1201 Tinnin Ford RD # 31, Austin TX 78741

The estimated value of this property is $546,719, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $369,000 and $379,000. In the current TOWN LAKE PH market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1968, this home is 18 years older than the average comp, which is reflected in the adjustments. The 0.04 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. The active market in TOWN LAKE PH includes 7 comparable homes priced from $405,000 to $765,500. Recent trends in 78741 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 1911 Riverview ST # A, Austin TX 78702, with an adjusted value of $541,576; a strong comparable. Based on 7 relevant data points in TOWN LAKE PH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX