911 Presa Arriba RD, Austin TX 78733

The market data from 7 similar recent sales in TIN LAKE HILLS points to a value of approximately $586,969. To sell within a reasonable timeframe at fair market value, the $724,000 to $737,000 range is where I'd position this. In the current TIN LAKE HILLS market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The smaller floor plan (150 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1919 construction puts this home 71 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in TIN LAKE HILLS; a balanced market based on recent absorption. In TIN LAKE HILLS, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 1807 Tartar WAY, Austin TX 78733, adjusting to $549,907; a strong comparable. 7 comparable transactions in TIN LAKE HILLS 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