2307 Townes LN, Austin TX 78703

My analysis of 7 comparable properties puts this home's estimated value at $2,786,402. Based on how the local market is moving, a list price between $3,851,000 and $5,518,000 would position this home well. This home's position in the current TARRY TOWN market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Being 2,843 sqft larger than the average comparable sale in this area impacts the per square foot value. At 45 years older than typical comps, the 1940 build date influences the valuation. Current inventory shows 5 comparable homes in TARRY TOWN; a seller's market based on recent absorption. The 6 month price trend in TARRY TOWN: fallen 26.9%. The best comp here is 2103 Bowman Ave, Austin TX 78703 at an adjusted value of $3,185,773, with a smaller floor plan. With 7 comparable sales in TARRY TOWN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group