2803 Vallarta LN, Austin TX 78733

After reviewing 3 recent transactions in TIN LAKE ESTATES, I estimate this property's value at $822,693. A competitive list price for this home right now would fall in the $484,000 to $494,000 range. Buyers shopping in TIN LAKE ESTATES right now would see this as a well positioned option among 4 comparable homes. This home's larger footprint (131 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.21 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 4 comparable homes in TIN LAKE ESTATES; a buyer's market based on recent absorption. Prices in TIN LAKE ESTATES have fallen 17.8% over the last 6 months. A similar home at 2703 Palomino DR, Austin TX 78733 carries an adjusted comparable value of $760,149, providing a strong data point. The comp data here (3 sales in TIN LAKE ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus