2800 De Soto DR, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $927,819. For a well positioned listing in TIN LAKE ESTATES, I'd target the $1,121,000 to $1,201,000 range. In the current TIN LAKE ESTATES market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The larger floor plan (758 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1999 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in TIN LAKE ESTATES; a buyer's market based on recent absorption. Recent trends in TIN LAKE ESTATES show home values have fallen 17.8% since 6 months ago. The most comparable recent sale is 9709 Saugus LN, Austin TX 78733, with an adjusted value of $1,017,935; a strong comparable. The 7 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