6910 Shannon DR, Austin TX 78724

The market data from 4 similar recent sales in COLONY PARK points to a value of approximately $237,900. To sell within a reasonable timeframe at fair market value, the $281,000 to $293,000 range is where I'd position this. Among the similar homes currently available in COLONY PARK, this price point stands out as competitive. The 177 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 7 years newer than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in COLONY PARK, ranging from $300,000 to $399,900. In 78724, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 7209 Colony Park DR, Austin TX 78724, adjusting to $209,924; a strong comparable. 4 comparable transactions in COLONY PARK 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