2803 Townes LN, Austin TX 78703

The estimated value of this property is $2,719,764, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,638,000 and $2,801,000. Against 4 similar active listings in TARRY TOWN, this price point lands at the most affordable of 4 comparable homes on the market. Being 225 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.28 acre lot (larger than the 0.23 acre average) is reflected in the estimate. With 4 similar homes currently listed in TARRY TOWN (a seller's market), competition is a factor to consider. Recent trends in TARRY TOWN show home values have risen 37.5% since 6 months ago. The most comparable recent sale is 2621 Exposition BLVD, Austin TX 78703, with an adjusted value of $2,641,379; a strong comparable. Based on 4 relevant data points in TARRY TOWN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX