1411 Town Creek RD # 3, Austin TX 78741

My analysis of 7 comparable properties puts this home's estimated value at $998,501. Based on how the local market is moving, a list price between $1,376,000 and $1,458,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SOUTH SHORE's current inventory. Being 493 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.04 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 7 comparable homes in SOUTH SHORE; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 4.2%. The best comp here is 1411 Town Creek DR # 5, Austin TX 78741 at an adjusted value of $830,595, a strong comparable. With 7 comparable sales in SOUTH SHORE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group