8406 MAINE DR, Austin TX 78758

The estimated value of this property is $489,207, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $302,000 and $312,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in COLONY NORTH. The larger floor plan (239 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.16 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in COLONY NORTH; a buyer's market based on recent absorption. Recent trends in 78758 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 9214 Hunters TRCE E, Austin TX 78758, with an adjusted value of $489,615; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group