4714 Dorchester HTS # 153, Austin TX 78754

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $274,552. I'd recommend coming to market at $311,000 to $322,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in COLONIAL PLACE. The 115 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in COLONIAL PLACE; a buyer's market based on recent absorption. The trend in 78754 shows prices have fallen 2.8% in the past 6 months. 11109 Roderick Lawson LN, Austin TX 78754 nearby adjusts to $275,192; a strong comparable. Based on 7 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