6813 Colony Park DR, Austin TX 78724

The market data from 4 similar recent sales in COLONY PARK points to a value of approximately $275,870. To sell within a reasonable timeframe at fair market value, the $276,000 to $338,000 range is where I'd position this. With 5 comparable homes on the market in COLONY PARK, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in COLONY PARK; a buyer's market based on recent absorption. In 78724, home values have risen approximately 5.3% over the past 6 months. One of the strongest data points is 6916 Carwill DR, Austin TX 78724, adjusting to $165,414; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group