801 Sheraton Ave, Austin TX 78745

Based on 3 closed sales in COLONIAL, the data points to a value around $655,349 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $795,000 to $807,000. Relative to what's currently available in COLONIAL, this home would be the most affordable of 4 comparable homes on the market. At 130 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in COLONIAL; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 412 Colonial Park BLVD, Austin TX 78745 at an adjusted $527,024, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus