808 PRESA ARRIBA RD, Austin TX 78733

Based on 7 closed sales in TIN LAKE HILLS, the data points to a value around $541,365 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $389,000 to $399,000. Buyers shopping in TIN LAKE HILLS right now would see this as a well positioned option among 2 comparable homes. Being 510 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1930 (62 years older than comps) is factored into the value estimate. There are currently 2 similar homes on the market in TIN LAKE HILLS, ranging from $420,000 to $710,000. Market data shows TIN LAKE HILLS prices fallen 24% over the last half year. The closest comparable sale, 1306 Daytona DR, Austin TX 78733 at an adjusted $556,673, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TIN LAKE HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group