611 Colonial Park BLVD, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $450,657. I'd recommend coming to market at $328,000 to $338,000 to strike the right balance between value and market velocity. Against 7 similar active listings in COLONIAL, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 184 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2006, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in COLONIAL, ranging from $339,000 to $599,900. The trend in 78745 shows prices have risen 1.1% in the past 6 months. 402 Colonial Park BLVD, Austin TX 78745 nearby adjusts to $376,757; a strong comparable. Based on 7 relevant data points in COLONIAL, 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