5625 Colinton Ave, Austin TX 78754

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $297,657. I'd recommend coming to market at $323,000 to $335,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in EDINBURGH GARDENS. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in EDINBURGH GARDENS, ranging from $300,000 to $375,000. The trend in 78754 shows prices have fallen 5.6% in the past 6 months. 6421 Graymont DR, Austin TX 78754 nearby adjusts to $336,900; a strong comparable. Based on 7 relevant data points in EDINBURGH GARDENS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX