3613 Las Colinas DR # A, Austin TX 78731

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $378,275. I'd recommend coming to market at $281,000 to $291,000 to strike the right balance between value and market velocity. Against 5 similar active listings in LAS COLINAS, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The larger floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1971, this home is 9 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in LAS COLINAS, ranging from $262,500 to $499,990. The trend in 78731 shows prices have fallen 12.4% in the past 6 months. 5900 Mountainclimb DR # 1, Austin TX 78731 nearby adjusts to $554,128; a strong comparable. Based on 3 relevant data points in LAS COLINAS, 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