4705 Lake Champlain LN # 161, Austin TX 78754

Taking into account 7 nearby comparable sales, this property's estimated value comes to $313,173. If we were to list this property today, I'd recommend a list price in the $316,000 to $326,000 range. Relative to what's currently available in COLONIAL PLACE, this home would be the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (431 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2003 (5 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in COLONIAL PLACE (a buyer's market), competition is a factor to consider. The best comp here is 4807 Fort Moultrie LN, Austin TX 78754 at an adjusted value of $290,579, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in COLONIAL PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group