7118 Carwill DR, Austin TX 78724

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $290,591. To generate strong buyer interest while maximizing value, I'd price this between $230,000 and $240,000. Among the similar homes currently available in COLONY PARK, this price point stands out as competitive. This home's smaller footprint (371 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 5 comparable homes in COLONY PARK; a buyer's market based on recent absorption. The trend in 78724 shows prices have risen 5.5% in the past 6 months. 7022 Hillcroft DR, Austin TX 78724 nearby adjusts to $291,577; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group