7026 Craybrough CIR, Austin TX 78724

The estimated value of this property is $246,982, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $307,000 and $309,000. In the current COLONY PARK market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The smaller floor plan (181 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1975, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in COLONY PARK, listed between $272,000 and $419,500. Recent trends in 78724 show home values have risen 5.9% since 6 months ago. The most comparable recent sale is 7000 Carwill DR, Austin TX 78724, with an adjusted value of $233,292; with a larger floor plan. Based on 3 relevant data points in COLONY PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX