2506 Winsted LN, Austin TX 78703

The market data from 3 similar recent sales in TARRY TOWN points to a value of approximately $1,218,647. To sell within a reasonable timeframe at fair market value, the $1,194,000 to $1,243,000 range is where I'd position this. With 3 comparable homes on the market in TARRY TOWN, this price positions the property as the most expensive of 3 comparable homes on the market. This home's smaller footprint (199 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in TARRY TOWN; a buyer's market based on recent absorption. In TARRY TOWN, home values have fallen approximately 20.6% over the past 6 months. One of the strongest data points is 3311 Bonnie RD, Austin TX 78703, adjusting to $1,326,959; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group