1507 Wheless LN, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $513,933. To generate strong buyer interest while maximizing value, I'd price this between $545,000 and $578,000. In the current COLONIAL HILLS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1962 construction puts this home 5 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in COLONIAL HILLS, creating a buyer's market for this price range. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 1601 Ashberry DR, Austin TX 78723 nearby adjusts to $619,982; with a larger 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