2201 Hopi TRL, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $940,548. I'd recommend coming to market at $429,000 to $439,000 to strike the right balance between value and market velocity. In the current TARRY TOWN market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (363 sqft vs the comp average) plays a role in how the market prices it. Built in 1940, this home is 14 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in TARRY TOWN (a buyer's market), competition is a factor to consider. The trend in TARRY TOWN shows prices have fallen 17.5% in the past 6 months. 2101 Newfield LN, Austin TX 78703 nearby adjusts to $1,085,150; a strong comparable. With 7 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