4716 Lake Champlain LN # 168, Austin TX 78754

The market data from 7 similar recent sales in COLONIAL PLACE points to a value of approximately $355,640. To sell within a reasonable timeframe at fair market value, the $394,000 to $401,000 range is where I'd position this. In the current COLONIAL PLACE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Buyers in COLONIAL PLACE have 3 comparable options right now, with asking prices between $359,000 and $410,000. In 78754, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 9602 Magna Carta LOOP # 178, Austin TX 78754, adjusting to $361,836; with a smaller floor plan. 7 comparable transactions in COLONIAL PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group