7219 Ellington CIR, Austin TX 78724

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $264,408. To generate strong buyer interest while maximizing value, I'd price this between $215,000 and $225,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in COLONY PARK. At 152 sqft smaller than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in COLONY PARK (a buyer's market), competition is a factor to consider. The trend in 78724 shows prices have risen 4.9% in the past 6 months. 7022 Hillcroft DR, Austin TX 78724 nearby adjusts to $297,262; a strong comparable. The 6 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