1201 Tinnin Ford RD # 37, Austin TX 78741

The market data from 7 similar recent sales in TOWN LAKE PH points to a value of approximately $544,064. To sell within a reasonable timeframe at fair market value, the $367,000 to $377,000 range is where I'd position this. In the current TOWN LAKE PH market with 7 similar homes available, this price represents the 3rd least 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. There are currently 7 similar homes on the market in TOWN LAKE PH, ranging from $405,000 to $875,000. In 78741, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 1911 Riverview ST # A, Austin TX 78702, adjusting to $539,374; a strong comparable. 7 comparable transactions in TOWN LAKE PH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group