1201 Tinnin Ford RD # 49, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $544,009. To generate strong buyer interest while maximizing value, I'd price this between $711,000 and $716,000. With 7 comparable homes on the market in TOWN LAKE PH, this price positions the property as the 2nd 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 $475,000 to $890,000. The trend in 78741 shows prices have fallen 4.6% in the past 6 months. 1911 Riverview ST # A, Austin TX 78702 nearby adjusts 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