708 Colonial Park BLVD, Austin TX 78745

The estimated value of this property is $546,613, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $360,000 and $370,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in COLONIAL. Built in 2005, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in COLONIAL (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 805 Sheraton Ave, Austin TX 78745, with an adjusted value of $461,575; a strong comparable. Based on 3 relevant data points in COLONIAL, 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