709 Sheraton Ave, Austin TX 78745

The market data from 5 similar recent sales in COLONIAL points to a value of approximately $630,053. To sell within a reasonable timeframe at fair market value, the $502,000 to $512,000 range is where I'd position this. Against 5 similar active listings in COLONIAL, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The active market in COLONIAL includes 5 comparable homes priced from $489,000 to $765,000. In 78745, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 3610 S 2nd ST, Austin TX 78704, adjusting to $630,064; a strong comparable. 5 comparable transactions in COLONIAL 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