6804 Shannon, Austin TX 78724

My analysis of 6 comparable properties puts this home's estimated value at $270,456. Based on how the local market is moving, a list price between $228,000 and $238,000 would position this home well. This would position the home competitively among 4 active listings in COLONY PARK. At 157 sqft smaller than the typical comp, the size difference factors into the valuation. At 6 years older than typical comps, the 1986 build date influences the valuation. The active market in COLONY PARK includes 4 comparable homes priced from $215,000 to $325,000. The 6 month price trend in 78724: risen 5.5%. The best comp here is 7022 Hillcroft DR, Austin TX 78724 at an adjusted value of $298,506, a strong comparable. With 6 comparable sales in COLONY PARK, 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