15303 Lucian DR, Austin TX 78725

After reviewing 3 recent transactions in TINS COLONY, I estimate this property's value at $279,561. A competitive list price for this home right now would fall in the $174,000 to $184,000 range. Relative to what's currently available in TINS COLONY, this home would be the 2nd most expensive of 6 comparable homes on the market. The larger lot (0.17 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 6 comparable homes in TINS COLONY; a buyer's market based on recent absorption. Prices in TINS COLONY have fallen 3.1% over the last 6 months. A similar home at 510 Red Tails DR NE, Austin TX 78725 carries an adjusted comparable value of $275,097, providing a strong data point. The comp data here (3 sales in TINS COLONY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus