1506 Colony Creek DR, Austin TX 78758

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $403,684. I'd recommend coming to market at $528,000 to $538,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in QUAIL CREEK WEST, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.24 acre lot (larger than the 0.20 acre average) is reflected in the estimate. With 7 similar homes currently listed in QUAIL CREEK WEST (a balanced market), competition is a factor to consider. The trend in QUAIL CREEK WEST shows prices have fallen 9.9% in the past 6 months. 9506 Mountain Quail RD, Austin TX 78758 nearby adjusts to $395,724; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group