The estimated value of this property is $287,535, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $213,000 and $223,000. In the current COLORADO CROSSING III market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Built in 2013, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in COLORADO CROSSING III, ranging from $199,900 to $325,000. Recent trends in 78744 show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 7208 Outfitter DR, Austin TX 78744, with an adjusted value of $277,853; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group