2801 Mecca RD, Austin TX 78733

Taking into account 3 nearby comparable sales, this property's estimated value comes to $898,784. If we were to list this property today, I'd recommend a list price in the $872,000 to $926,000 range. Buyers shopping in TIN LAKE ESTATES right now would see this as a well positioned option among 5 comparable homes. The larger floor plan (401 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.30 acres versus 0.33 for the typical comp. Current inventory shows 5 comparable homes in TIN LAKE ESTATES; a buyer's market based on recent absorption. The 6 month price trend in TIN LAKE ESTATES: fallen 15.7%. The best comp here is 2703 Palomino DR, Austin TX 78733 at an adjusted value of $859,533, with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in TIN LAKE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group