2811 Mecca RD, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $930,805. For a well positioned listing in TIN LAKE ESTATES, I'd target the $1,011,000 to $1,053,000 range. In the current TIN LAKE ESTATES market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. At 306 sqft larger than the typical comp, the size difference factors into the valuation. At 0.30 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. The active market in TIN LAKE ESTATES includes 4 comparable homes priced from $1,050,000 to $1,275,000. 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 $961,067; with a larger floor plan. 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