Taking into account 7 nearby comparable sales, this property's estimated value comes to $887,181. If we were to list this property today, I'd recommend a list price in the $869,000 to $905,000 range. This home's position in the current TIN LAKE HILLS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 134 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2006 (15 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in TIN LAKE HILLS; a buyer's market based on recent absorption. The 6 month price trend in TIN LAKE HILLS: risen 33.9%. The best comp here is 1215 Olympus DR, Austin TX 78733 at an adjusted value of $845,516, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus