4009 Louise Lee DR, Austin TX 78725

The market data from 7 similar recent sales in TINS COLONY points to a value of approximately $303,156. To sell within a reasonable timeframe at fair market value, the $211,000 to $221,000 range is where I'd position this. With 5 comparable homes on the market in TINS COLONY, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 145 sqft larger than the typical comp, the size difference factors into the valuation. At 0.20 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in TINS COLONY, listed between $193,830 and $329,900. In TINS COLONY, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 4010 Reeders DR, Austin TX 78725, adjusting to $292,231; a strong comparable. 7 comparable transactions in TINS COLONY 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