4802 Valcour Bay LN, Austin TX 78754

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $329,878. To generate strong buyer interest while maximizing value, I'd price this between $276,000 and $286,000. In the current COLONIAL PLACE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 410 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. With 3 similar homes currently listed in COLONIAL PLACE (a buyer's market), competition is a factor to consider. The trend in 78754 shows prices have fallen 5.2% in the past 6 months. 4710 Virginia Dare LN, Austin TX 78754 nearby adjusts to $358,104; with a larger floor plan. 4 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