1201 Tinnin Ford RD # 51, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $553,556. For a well positioned listing in TOWN LAKE PH, I'd target the $192,000 to $202,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in TOWN LAKE PH. The 1968 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.01 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 $199,000 to $475,000. Recent trends in 78741 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 1911 Riverview ST # A, Austin TX 78702, with an adjusted value of $528,221; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group