4800 Virginia Dare LN, Austin TX 78754

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $347,976. I'd recommend coming to market at $299,000 to $309,000 to strike the right balance between value and market velocity. In the current COLONIAL PLACE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 2005, this home is 6 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in COLONIAL PLACE, creating a buyer's market for this price range. The trend in COLONIAL PLACE shows prices have fallen 15.5% in the past 6 months. 9616 Magna Carta LOOP, Austin TX 78754 nearby adjusts to $336,114; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group