3123 Edgewater DR, Austin TX 78733

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $740,456. To generate strong buyer interest while maximizing value, I'd price this between $607,000 and $617,000. With 6 comparable homes on the market in TIN LAKE ESTATES, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. Being 377 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1965 construction puts this home 23 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in TIN LAKE ESTATES, ranging from $575,000 to $1,275,000. The trend in TIN LAKE ESTATES shows prices have fallen 17.8% in the past 6 months. 2505 Yosemite DR, Austin TX 78733 nearby adjusts to $766,800; with a smaller 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