3602 Las Colinas DR # B, Austin TX 78731

After reviewing 3 recent transactions in LAS COLINAS, I estimate this property's value at $1,016,658. A competitive list price for this home right now would fall in the $538,000 to $548,000 range. Relative to what's currently available in LAS COLINAS, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller lot (0.18 acres versus the area average of 0.22) contributes to the valuation. The active market in LAS COLINAS includes 7 comparable homes priced from $499,000 to $1,375,000. Prices in 78731 have risen 12.5% over the last 6 months. A similar home at 3514 Highland View DR, Austin TX 78731 carries an adjusted comparable value of $1,144,391, providing a strong data point. With 3 comparable sales in LAS COLINAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group