1201 Tinnin Ford RD # 41, Austin TX 78741

Based on 7 closed sales in TOWN LAKE PH, the data points to a value around $550,091 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $372,000 to $382,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in TOWN LAKE PH's current inventory. Being built in 1968 (18 years older than comps) is factored into the value estimate. Lot size matters here: 0.04 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. Market data shows 78741 prices fallen 6.2% over the last half year. The closest comparable sale, 1409 Holly ST # B, Austin TX 78702 at an adjusted $515,827, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus