1902 N Cuernavaca DR # B, Austin TX 78733

The market data from 7 similar recent sales in TIN LAKE ESTATES points to a value of approximately $527,108. To sell within a reasonable timeframe at fair market value, the $563,000 to $616,000 range is where I'd position this. In the current TIN LAKE ESTATES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 150 sqft smaller than the typical comp, the size difference factors into the valuation. The 1945 construction puts this home 28 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in TIN LAKE ESTATES, listed between $475,000 and $600,000. In TIN LAKE ESTATES, home values have fallen approximately 17.8% over the past 6 months. One of the strongest data points is 2802 San Juan DR, Austin TX 78733, adjusting to $618,227; a strong comparable. 7 comparable transactions in TIN LAKE ESTATES 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