7420 Elk PASS, Austin TX 78744

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $280,552. To generate strong buyer interest while maximizing value, I'd price this between $86,000 and $96,000. With 3 comparable homes on the market in COLORADO CROSSING, this price positions the property as the most expensive of 3 comparable homes on the market. At 151 sqft smaller than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 9 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in COLORADO CROSSING (a buyer's market), competition is a factor to consider. The trend in COLORADO CROSSING shows prices have risen 2.8% in the past 6 months. 3809 Bronco Bend LOOP, Austin TX 78744 nearby adjusts to $271,296; with a larger floor plan. 7 comparable transactions in COLORADO CROSSING 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