3617 Las Colinas DR # C, Austin TX 78731

The estimated value of this property is $296,162, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $400,000 and $412,000. Against 4 similar active listings in LAS COLINAS, this price point lands at the most affordable of 4 comparable homes on the market. Being 152 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1972, this home is 12 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in LAS COLINAS (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 8.3% since 6 months ago. The most comparable recent sale is 3845 Ranch Road 2222 # 19, Austin TX 78731, with an adjusted value of $299,848; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group