5804 Tracy Lynn LN # B, Austin TX 78721

The estimated value of this property is $478,642, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $304,000 and $314,000. Against 7 similar active listings in COLORADO EAST ONE-A, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (357 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1983, this home is 13 years newer than the average comp, which is reflected in the adjustments. Buyers in COLORADO EAST ONE-A have 7 comparable options right now, with asking prices between $300,000 and $649,999. Recent trends in 78721 show home values have fallen 13% since 6 months ago. The most comparable recent sale is 903 E 15th ST, Austin TX 78702, with an adjusted value of $757,548; a strong comparable. Based on 7 relevant data points in COLORADO EAST ONE-A, 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