1618 Glenvalley DR, Austin TX 78723

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $653,380. I'd recommend coming to market at $510,000 to $520,000 to strike the right balance between value and market velocity. In the current COLONIAL HILLS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (170 sqft vs the comp average) plays a role in how the market prices it. Buyers in COLONIAL HILLS have 7 comparable options right now, with asking prices between $509,000 and $1,075,000. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 1607 Ashberry DR, Austin TX 78723 nearby adjusts to $718,637; with a smaller floor plan and a pool. Based on 4 relevant data points in COLONIAL HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX