6915 Pondsdale LN, Austin TX 78724

My analysis of 6 comparable properties puts this home's estimated value at $267,759. Based on how the local market is moving, a list price between $311,000 and $320,000 would position this home well. Buyers shopping in COLONY PARK right now would see this as a well positioned option among 5 comparable homes. The smaller floor plan (219 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.20 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 5 comparable homes in COLONY PARK; a buyer's market based on recent absorption. The 6 month price trend in 78724: risen 5.7%. The best comp here is 7000 Carwill DR, Austin TX 78724 at an adjusted value of $244,662, with a larger floor plan. The comp data here (6 sales in COLONY PARK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus