4708 Dorchester Heights LN # 155, Austin TX 78754

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $351,188. I'd recommend coming to market at $361,000 to $364,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in COLONIAL PLACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (219 sqft vs the comp average) plays a role in how the market prices it. Buyers in COLONIAL PLACE have 7 comparable options right now, with asking prices between $270,000 and $405,000. The trend in 78754 shows prices have fallen 4.1% in the past 6 months. 4710 Lake Champlain LN, Austin TX 78754 nearby adjusts to $364,302; with a larger floor plan. Based on 3 relevant data points in COLONIAL PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX