2807 Mecca RD, Austin TX 78733

The market data from 7 similar recent sales in TIN LAKE ESTATES points to a value of approximately $689,777. To sell within a reasonable timeframe at fair market value, the $689,000 to $748,000 range is where I'd position this. With 0 comparable homes on the market in TIN LAKE ESTATES, this price positions the property as no active comparable homes on the market. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. The 1975 construction puts this home 9 years older than the comp average, a factor in the pricing. In TIN LAKE ESTATES, home values have fallen approximately 17.8% over the past 6 months. One of the strongest data points is 2505 Yosemite DR, Austin TX 78733, adjusting to $689,225; with a larger floor plan. 7 comparable transactions in TIN LAKE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group