1904 Lipan TRL, Austin TX 78733

The estimated value of this property is $926,114, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,073,000 and $1,104,000. With 6 comparable homes on the market in TIN LAKE HILLS, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (152 sqft vs the comp average) plays a role in how the market prices it. The 0.24 acre lot (smaller than the 0.29 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in TIN LAKE HILLS; a buyer's market based on recent absorption. Recent trends in TIN LAKE HILLS show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 1703 Miami DR, Austin TX 78733, with an adjusted value of $919,061; a strong comparable. With 4 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