512 Colonial Park BLVD, Austin TX 78745

After reviewing 7 recent transactions in COLONIAL, I estimate this property's value at $716,764. A competitive list price for this home right now would fall in the $386,000 to $396,000 range. This would position the home competitively among 7 active listings in COLONIAL. At 120 sqft larger than the typical comp, the size difference factors into the valuation. At 6 years older than typical comps, the 2005 build date influences the valuation. Buyers in COLONIAL have 7 comparable options right now, with asking prices between $380,000 and $750,000. Prices in 78745 have risen 1.1% over the last 6 months. A similar home at 412 Colonial Park BLVD, Austin TX 78745 carries an adjusted comparable value of $542,822, providing a strong data point. With 7 comparable sales in COLONIAL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group