506 Colonial Park BLVD, Austin TX 78745

After reviewing 3 recent transactions in COLONIAL, I estimate this property's value at $480,543. A competitive list price for this home right now would fall in the $298,000 to $308,000 range. This would position the home competitively among 7 active listings in COLONIAL. The smaller floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in COLONIAL, ranging from $290,000 to $749,999. Prices in 78745 have risen 1.3% over the last 6 months. A similar home at 805 Sheraton Ave, Austin TX 78745 carries an adjusted comparable value of $414,066, providing a strong data point. The comp data here (3 sales in COLONIAL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus