1800 CANYON EDGE DR, Austin TX 78733

Based on 7 closed sales in TIN LAKE HILLS, the data points to a value around $1,124,693 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,217,000 to $1,247,000. This home's position in the current TIN LAKE HILLS market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (156 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.36 acres versus 0.28 for the typical comp. Right now, 6 similar properties are competing for buyers in TIN LAKE HILLS, listed between $1,050,000 and $1,895,000. Market data shows TIN LAKE HILLS prices fallen 27.3% over the last half year. The closest comparable sale, 9305 Caracas DR, Austin TX 78733 at an adjusted $1,009,908, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in TIN LAKE HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group