4813 Virginia Dare LN, Austin TX 78754

Based on 7 closed sales in COLONIAL PLACE, the data points to a value around $333,298 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $351,000 to $352,000. This home's position in the current COLONIAL PLACE market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (281 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.38 acres versus 0.17 for the typical comp. 6 similar homes are currently available in COLONIAL PLACE, creating a buyer's market for this price range. Market data shows 78754 prices fallen 2.8% over the last half year. The closest comparable sale, 11109 Roderick Lawson LN, Austin TX 78754 at an adjusted $333,725, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus