5814 Tributary Ridge DR, Austin TX 78759

After reviewing 3 recent transactions in TIN HILLS, I estimate this property's value at $1,047,477. A competitive list price for this home right now would fall in the $888,000 to $898,000 range. This home's position in the current TIN HILLS market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The larger lot (0.35 acres versus the area average of 0.30) contributes to the valuation. Current inventory shows 5 comparable homes in TIN HILLS; a balanced market based on recent absorption. Prices in TIN HILLS have fallen 37.2% over the last 6 months. A similar home at 10604 Bull Ridge DR, Austin TX 78759 carries an adjusted comparable value of $1,079,390, providing a strong data point. The comp data here (3 sales in TIN HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus