1501 Lipan TRL, Austin TX 78733

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $856,222. I'd recommend coming to market at $391,000 to $401,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in TIN LAKE HILLS, this price positions the property as the most expensive of 2 comparable homes on the market. The 786 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2010, this home is 9 years newer than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in TIN LAKE HILLS (a buyer's market), competition is a factor to consider. The trend in TIN LAKE HILLS shows prices have fallen 11.4% in the past 6 months. 1807 Tartar WAY, Austin TX 78733 nearby adjusts to $658,923; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group