3001 Riviera RD, Austin TX 78733

The market data from 4 similar recent sales in TIN LAKE ESTATES points to a value of approximately $809,664. To sell within a reasonable timeframe at fair market value, the $465,000 to $475,000 range is where I'd position this. Against 3 similar active listings in TIN LAKE ESTATES, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (322 sqft vs the comp average) plays a role in how the market prices it. The 1987 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in TIN LAKE ESTATES have 3 comparable options right now, with asking prices between $420,000 and $1,275,000. In TIN LAKE ESTATES, home values have fallen approximately 17.8% over the past 6 months. One of the strongest data points is 2812 Saratoga DR, Austin TX 78733, adjusting to $781,995; with a smaller floor plan. 4 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