7501 Elk PASS, Austin TX 78744

My analysis of 7 comparable properties puts this home's estimated value at $375,104. Based on how the local market is moving, a list price between $392,000 and $398,000 would position this home well. This home's position in the current COLORADO CROSSING market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 531 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 2006 build date influences the valuation. 3 similar homes are currently available in COLORADO CROSSING, creating a buyer's market for this price range. The 6 month price trend in COLORADO CROSSING: risen 2.8%. The best comp here is 7537 S Glenn ST, Austin TX 78744 at an adjusted value of $336,660, with a smaller floor plan. With 7 comparable sales in COLORADO CROSSING, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group