1201 Tinnin Ford RD # 66, Austin TX 78741

The estimated value of this property is $481,278, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $152,000 and $162,000. In the current TOWN LAKE PH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 1968, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in TOWN LAKE PH; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 66 Anthony ST, Austin TX 78702, with an adjusted value of $608,075; 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