7113 Colony Park DR, Austin TX 78724

The market data from 4 similar recent sales in COLONY PARK points to a value of approximately $276,535. To sell within a reasonable timeframe at fair market value, the $332,000 to $354,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in COLONY PARK. With 3 similar homes currently listed in COLONY PARK (a buyer's market), competition is a factor to consider. In 78724, home values have risen approximately 2.9% over the past 6 months. One of the strongest data points is 6916 Carwill DR, Austin TX 78724, adjusting to $162,525; a strong comparable. 4 comparable transactions in COLONY PARK 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