1703 Saracen RD, Austin TX 78733

The market data from 7 similar recent sales in TIN LAKE HILLS points to a value of approximately $680,174. To sell within a reasonable timeframe at fair market value, the $660,000 to $701,000 range is where I'd position this. In the current TIN LAKE HILLS market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 810 sqft smaller than the typical comp, the size difference factors into the valuation. The 1982 construction puts this home 9 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in TIN LAKE HILLS (a balanced market), competition is a factor to consider. In TIN LAKE HILLS, home values have fallen approximately 11.4% over the past 6 months. One of the strongest data points is 1306 Daytona DR, Austin TX 78733, adjusting to $603,371; with a larger floor plan. 7 comparable transactions in TIN LAKE HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group