1201 Tinnin Ford RD # 52, Austin TX 78741

The market data from 7 similar recent sales in TOWN LAKE PH points to a value of approximately $520,037. To sell within a reasonable timeframe at fair market value, the $140,000 to $150,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in TOWN LAKE PH. At 0.03 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in TOWN LAKE PH, listed between $136,000 and $299,000. In 78741, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 66 Anthony ST, Austin TX 78702, adjusting to $606,402; 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