1122 Colorado ST # 1310, Austin TX 78701

After reviewing 7 recent transactions in 78701, I estimate this property's value at $439,381. A competitive list price for this home right now would fall in the $318,000 to $328,000 range. Buyers shopping in 78701 right now would see this as a well positioned option among 7 comparable homes. At 16 years older than typical comps, the 1965 build date influences the valuation. The larger lot (0.10 acres versus the area average of 0.01) contributes to the valuation. There are currently 7 similar homes on the market in 78701, ranging from $285,000 to $684,999. Prices in 78701 have risen 0.7% over the last 6 months. A similar home at 1122 Colorado ST # 1209, Austin TX 78701 carries an adjusted comparable value of $488,420, providing a strong data point. The comp data here (7 sales in 78701) 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