7009 Colony Park DR, Austin TX 78724

The comparable sales data (5 recent transactions in COLONY PARK) supports an estimated value of $319,531. The data suggests a list price between $310,000 and $329,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in COLONY PARK's current inventory. At 106 sqft larger than the typical comp, the size difference factors into the valuation. The active market in COLONY PARK includes 3 comparable homes priced from $285,000 to $369,999. Prices in 78724 have risen 2% over the last 6 months. A similar home at 7007 Carwill DR, Austin TX 78724 carries an adjusted comparable value of $333,774, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in COLONY PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group