After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $982,619. Pricing this home between $1,128,000 and $1,218,000 would put it in the competitive sweet spot for TIN LAKE ESTATES. This would position the home competitively among 6 active listings in TIN LAKE ESTATES. The larger floor plan (298 sqft compared to the average comp) is a meaningful differentiator in this price range. At 13 years older than typical comps, the 1972 build date influences the valuation. Right now, 6 similar properties are competing for buyers in TIN LAKE ESTATES, listed between $850,000 and $1,795,000. Market data shows TIN LAKE ESTATES prices risen 4.7% over the last half year. The closest comparable sale, 2004 N Cuernavaca DR, Austin TX 78733 at an adjusted $1,020,490, is with a larger floor plan. With 7 comparable sales in TIN LAKE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group