1607 Wheless LN, Austin TX 78723

Based on 3 closed sales in COLONIAL HILLS, the data points to a value around $353,280 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $470,000 to $488,000. Buyers shopping in COLONIAL HILLS right now would see this as a well positioned option among 7 comparable homes. Being built in 1966 (5 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in COLONIAL HILLS, ranging from $350,000 to $575,000. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 6303 Brookside DR, Austin TX 78723 at an adjusted $277,215, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in COLONIAL HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group