Reviewing the most recent comparable transactions, this home's market value falls around $937,633. For a well positioned listing in TIN LAKE HILLS, I'd target the $1,158,000 to $1,247,000 range. Against 7 similar active listings in TIN LAKE HILLS, this price point lands at the most affordable of 7 comparable homes on the market. The smaller floor plan (197 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2019 construction puts this home 9 years newer than the comp average, a factor in the pricing. The active market in TIN LAKE HILLS includes 7 comparable homes priced from $850,000 to $1,795,000. Recent trends in TIN LAKE HILLS show home values have fallen 22.7% since 6 months ago. The most comparable recent sale is 1305 Village West DR, Austin TX 78733, with an adjusted value of $908,640; with a larger floor plan. 3 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