1411 TownCreek RD # 2, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $953,365. For a well positioned listing in SOUTH SHORE, I'd target the $1,376,000 to $1,457,000 range. Against 7 similar active listings in SOUTH SHORE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (506 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.04 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTH SHORE (a buyer's market), competition is a factor to consider. Recent trends in 78741 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 1411 Town Creek DR # 5, Austin TX 78741, with an adjusted value of $825,875; a strong comparable. 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