4704 Castleman DR, Austin TX 78725

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $270,195. I'd recommend coming to market at $303,000 to $305,000 to strike the right balance between value and market velocity. Against 5 similar active listings in TIN'S COLONY, this price point lands at the most affordable of 5 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1993, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in TIN'S COLONY includes 5 comparable homes priced from $275,000 to $325,000. The trend in TIN'S COLONY shows prices have fallen 8.1% in the past 6 months. 4010 Reeders DR, Austin TX 78725 nearby adjusts to $260,563; a strong comparable. With 6 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