4707 Lake Champlain LN # 162, Austin TX 78754

The comparable sales data (4 recent transactions in COLONIAL PLACE) supports an estimated value of $326,865. The data suggests a list price between $362,000 and $364,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in COLONIAL PLACE's current inventory. The 207 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.28 acres versus 0.18 for the typical comp. Current inventory shows 3 comparable homes in COLONIAL PLACE; a buyer's market based on recent absorption. Prices in 78754 have fallen 2.1% over the last 6 months. A similar home at 12000 Gaelic DR, Austin TX 78754 carries an adjusted comparable value of $309,750, providing a strong data point. The strength of this estimate comes from 4 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