607 Colonial Park BLVD, Austin TX 78745

The market data from 6 similar recent sales in COLONIAL points to a value of approximately $608,590. To sell within a reasonable timeframe at fair market value, the $664,000 to $697,000 range is where I'd position this. In the current COLONIAL market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in COLONIAL, creating a buyer's market for this price range. In 78745, home values have risen approximately 0.9% over the past 6 months. One of the strongest data points is 805 Sheraton Ave, Austin TX 78745, adjusting to $485,439; a strong comparable. 6 comparable transactions in COLONIAL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group