1505 Ashberry DR, Austin TX 78723

The market data from 7 similar recent sales in COLONIAL HILLS points to a value of approximately $487,327. To sell within a reasonable timeframe at fair market value, the $552,000 to $556,000 range is where I'd position this. In the current COLONIAL HILLS market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. With 6 similar homes currently listed in COLONIAL HILLS (a buyer's market), competition is a factor to consider. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 6303 Brookside DR, Austin TX 78723, adjusting to $302,812; with a smaller floor plan. 7 comparable transactions in COLONIAL 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