1904 Lipan TRL, Austin TX 78733

The estimated value of this property is $892,066, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,074,000 and $1,088,000. With 3 comparable homes on the market in TIN LAKE HILLS, this price positions the property as the most affordable of 3 comparable homes on the market. This home's larger footprint (215 sqft vs the comp average) plays a role in how the market prices it. Built in 2018, this home is 13 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in TIN LAKE HILLS; a seller's market based on recent absorption. Recent trends in TIN LAKE HILLS show home values have fallen 26.3% since 6 months ago. The most comparable recent sale is 1502 Medio Calle, Austin TX 78733, with an adjusted value of $858,902; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group