7105 E Meadow Bend DR, Austin TX 78724

The estimated value of this property is $267,325, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $308,000 and $325,000. Against 7 similar active listings in COLONY PARK HILLS IA, this price point lands at the most affordable of 7 comparable homes on the market. Built in 1976, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in COLONY PARK HILLS IA; a buyer's market based on recent absorption. Recent trends in 78724 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 7000 Carwill DR, Austin TX 78724, with an adjusted value of $259,161; a strong comparable. Based on 3 relevant data points in COLONY PARK HILLS IA, 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