1207 N Cuernavaca DR, Austin TX 78733

Based on 3 closed sales in TIN LAKE HILLS, the data points to a value around $999,674 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,063,000 to $1,126,000. This home's position in the current TIN LAKE HILLS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (244 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2003 (5 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in TIN LAKE HILLS; a seller's market based on recent absorption. Market data shows TIN LAKE HILLS prices fallen 26.3% over the last half year. The closest comparable sale, 1309 Olympus DR, Austin TX 78733 at an adjusted $987,806, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in TIN LAKE HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group