4701 Lake Champlain LN # 159, Austin TX 78754

My analysis of 7 comparable properties puts this home's estimated value at $360,636. Based on how the local market is moving, a list price between $304,000 and $314,000 would position this home well. Relative to what's currently available in COLONIAL PLACE, this home would be the 2nd most expensive of 7 comparable homes on the market. At 5 years newer than typical comps, the 2003 build date influences the valuation. The larger lot (0.31 acres versus the area average of 0.21) contributes to the valuation. 7 similar homes are currently available in COLONIAL PLACE, creating a buyer's market for this price range. The 6 month price trend in 78754: fallen 5.6%. The best comp here is 4710 Virginia Dare LN, Austin TX 78754 at an adjusted value of $401,573, a strong comparable. With 7 comparable sales in COLONIAL PLACE, 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