1402 Lipan, Austin TX 78733

The market data from 7 similar recent sales in TIN LAKE HILLS points to a value of approximately $652,699. To sell within a reasonable timeframe at fair market value, the $477,000 to $487,000 range is where I'd position this. In the current TIN LAKE HILLS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (918 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1973 construction puts this home 19 years older than the comp average, a factor in the pricing. The active market in TIN LAKE HILLS includes 2 comparable homes priced from $475,000 to $600,000. In TIN LAKE HILLS, home values have fallen approximately 27.3% over the past 6 months. One of the strongest data points is 1306 Daytona DR, Austin TX 78733, adjusting to $562,920; with a larger floor plan. 7 comparable transactions in TIN LAKE HILLS 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