1411 Town Creek DR # 10, Austin TX 78741

The market data from 7 similar recent sales in SOUTH SHORE POINTE points to a value of approximately $942,674. To sell within a reasonable timeframe at fair market value, the $561,000 to $571,000 range is where I'd position this. In the current SOUTH SHORE POINTE market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 179 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.04 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SOUTH SHORE POINTE; a buyer's market based on recent absorption. In 78741, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 1215 Shore District DR, Austin TX 78741, adjusting to $699,601; with a larger floor plan. 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