2000 Lipanes TRL, Austin TX 78733

The market data from 3 similar recent sales in TIN LAKE ESTATES points to a value of approximately $797,428. To sell within a reasonable timeframe at fair market value, the $447,000 to $457,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in TIN LAKE ESTATES. At 0.32 acres, the lot is smaller than the 0.35 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in TIN LAKE ESTATES; a buyer's market based on recent absorption. In TIN LAKE ESTATES, home values have fallen approximately 17.8% over the past 6 months. One of the strongest data points is 2812 Saratoga DR, Austin TX 78733, adjusting to $807,788; with a smaller floor plan. 3 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