2403 DE SOTO DR, Austin TX 78733

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $867,764. I'd recommend coming to market at $477,000 to $487,000 to strike the right balance between value and market velocity. In the current TIN LAKE ESTATES market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 128 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1982, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in TIN LAKE ESTATES; a buyer's market based on recent absorption. The trend in TIN LAKE ESTATES shows prices have risen 4% in the past 6 months. 1215 Olympus DR, Austin TX 78733 nearby adjusts to $756,519; a strong comparable. 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